TeleCanor Global Completes ₹42 Lakh Share Allotment, Finishes Preferential Program
TeleCanor Global Limited has successfully concluded its preferential allotment program with the final tranche of 4.20 lakh equity shares worth ₹42 lakh allotted to promoter Ms. Vijay Lakshmi Praturi. The board meeting on January 03, 2026, marked the completion of the entire 30 lakh share preferential issue, demonstrating strong promoter commitment and successful execution of the company's capital expansion strategy while maintaining full regulatory compliance.

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TeleCanor Global Limited has successfully completed another significant tranche of its preferential allotment program, with the Board of Directors approving the issuance of 4.20 lakh equity shares worth ₹42 lakh during their meeting held on January 03, 2026. This latest development marks the completion of the company's entire preferential allotment program of 30 lakh equity shares with continued promoter participation.
Latest Board Meeting Outcomes
The board meeting held on January 03, 2026, commenced at 5:30 PM and concluded at 6:00 PM, focusing on the final tranche execution of the preferential allotment under Regulation 30 of SEBI listing requirements. The meeting resulted in the approval and allotment of equity shares, completing the company's strategic capital expansion program.
Current Preferential Allotment Details
The latest tranche demonstrates the successful completion of the company's capital raising initiative:
| Parameter: | Current Tranche | Previous Tranche | Earlier Tranche |
|---|---|---|---|
| Number of Shares: | 4,20,000 equity shares | 7,50,000 equity shares | 8,30,000 equity shares |
| Face Value: | ₹10.00 per share | ₹10.00 per share | ₹10.00 per share |
| Issue Price: | ₹10.00 per share (at par) | ₹10.00 per share (at par) | ₹10.00 per share (at par) |
| Total Amount: | ₹42,00,000 | ₹75,00,000 | ₹83,00,000 |
| Allottee: | Ms. Vijay Lakshmi Praturi | Ms. Vijay Lakshmi Praturi | Ms. Vijay Lakshmi Praturi |
| Category: | Promoter | Promoter | Promoter |
| Nature of Consideration: | Cash | Cash | Cash |
| Meeting Date: | January 03, 2026 | January 01, 2025 | December 31, 2025 |
Preferential Allotment Program Completion
The company has achieved a significant milestone by completing its entire preferential allotment program. With the current allotment of 4.20 lakh equity shares, the entire preferential issue of 30 lakh equity shares stands fully allotted. This represents 100% completion of the proposed capital raising initiative, demonstrating strong promoter commitment and successful execution of the company's funding strategy.
Regulatory Compliance Framework
The preferential allotment has been structured in accordance with Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, along with applicable provisions of the Companies Act, 2013. The company has maintained its commitment to regulatory compliance and corporate governance standards throughout the entire allotment process, ensuring adherence to SEBI Master Circular guidelines.
Transparency and Disclosure Commitments
TeleCanor Global continues its commitment to transparency by confirming that post-allotment shareholding details will be disclosed in the shareholding pattern filed under Regulation 31 of SEBI (LODR) Regulations, 2015. The company ensures that all stakeholders have access to updated ownership information following the completion of the preferential allotment program, with relevant information to be disclosed in due course as per regulatory requirements.
Historical Stock Returns for TeleCanor Global
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.01% | -10.78% | +3.14% | +207.09% | +368.47% | +254.55% |



































