Balgopal Commercial Ltd
📈 Balgopal Commercial Ltd Secures BSE Listing Approval for 1.9M Preferential Shares
- Balgopal Commercial Limited received listing approval from BSE Limited for 1,900,000 equity shares issued to Promoter/Promoter Group on a preferential basis.
- Each share has a face value of Rs. 10 and was issued at a premium of Rs. 50 per share.
- The approval was granted on April 21, 2026, under SEBI LODR Regulations, 2015.
- The company must comply with SEBI ICDR Regulations, including filing shareholding patterns if changes exceed 2% of total paid-up capital.
- Trading approval requires additional steps: listing approval from NSE (if applicable), confirmation from NSDL/CDSL on share crediting and lock-in of pre-preferential holdings.
- The company must apply for trading approval within 7 working days from listing approval to avoid fines as per SEBI circular dated June 21, 2023.