Continental Securities Limited (CSL) recently disclosed significant changes in its shareholding structure and held its 35th Annual General Meeting (AGM), marking important developments for the company.

Promoter Group Share Sale

Orchid Securities Private Limited, a promoter group entity of Continental Securities, has reduced its stake in the company. The firm sold 1,06,138 shares through open market transactions between September 22-23. This sale resulted in Orchid Securities' shareholding decreasing from 1,53,225 shares (0.53%) to 47,087 shares (0.16%) of Continental Securities' total share capital.

The transaction was conducted in compliance with SEBI regulations for substantial acquisition of shares and takeovers. Continental Securities has an equity share capital of Rs. 5.85 crore, comprising 2,92,53,000 equity shares of Rs. 2 each.

Annual General Meeting Highlights

Continental Securities Limited held its 35th AGM on September 22 through video conferencing. Key resolutions passed at the meeting include:

1. Dividend Declaration: The company approved a dividend of Rs. 0.05 per equity share (face value Rs. 2 each).

2. Director Reappointment: Ms. Mahima Khuteta (DIN: 08245957) was reappointed as a director, retiring by rotation.

3. Secretarial Auditor Appointment: M/s. Mahendra Khandelwal and Co. were appointed as the Secretarial Auditors of the company for a period of five years.

4. New Director Appointment: Mr. Yash Khuteta (DIN: 10804110) was confirmed as a Non-Executive Non-Independent Director.

Voting Results

All resolutions presented at the AGM were passed with an overwhelming majority. The e-voting results showed that each resolution received over 99.99% votes in favor, demonstrating strong shareholder support for the company's decisions.

Financial Statement Adoption

Shareholders also adopted the audited financial statements, along with the Board's Report and Auditors' Report.

These developments reflect Continental Securities' commitment to transparency and corporate governance, while also indicating changes in its ownership structure. The dividend declaration suggests a positive financial position, rewarding shareholders for their investment in the company.

Continental Securities Limited (CSL) has reported a significant change in its promoter group shareholding. Orchid Securities Private Limited, a promoter group entity, has sold 1,00,000 shares of the company through open market transactions on September 18, 2025.

Shareholding Impact

The sale has resulted in a reduction of Orchid Securities' stake in Continental Securities:

• Before the sale: 2,53,225 shares (0.87% of total share capital)
• After the sale: 1,53,225 shares (0.53% of total share capital)

This transaction represents a decrease of 0.34% in Orchid Securities' ownership of CSL.

Company Overview

Continental Securities Limited has an equity share capital structure as follows:

• Total share capital: Rs. 5.85 crore
• Number of equity shares: 2,92,53,000
• Face value per share: Rs. 2.00

Regulatory Compliance

The company has made this disclosure in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The information was submitted to the Bombay Stock Exchange on September 20, 2025, by Pravita Khandelwal, Company Secretary and Compliance Officer of Continental Securities Limited.

Promoter Group Holdings

As per the annexure provided in the LODR filing, the Promoter Group, including Persons Acting in Concert (PACs), held a total of 1,13,57,494 shares as of June 30, 2025. Some of the significant shareholders in the promoter group include:

Market Implications

While this sale represents a minor reduction in the promoter group's overall stake, it's important for investors to monitor such transactions as they may indicate changing perspectives or strategies within the company's core ownership group. However, it's crucial to note that this single transaction does not necessarily reflect on the company's operational performance or future prospects.

Investors and market analysts will likely keep a close eye on any further changes in the promoter group's shareholding pattern and their potential impact on the company's governance and strategic direction.