Simran Farms Ltd
📈 Simran Farms Ltd. Receives BSE Listing Approval for ₹157.8M Equity Issue
- Simran Farms Limited received listing approval from BSE Limited on April 23, 2026 for 1,018,300 equity shares.
- Shares were issued at a face value of ₹10 each with a premium of ₹145 per share.
- Total issue size: 1,018,300 shares × (₹10 + ₹145) = ₹157,836,500.
- Shares were issued to both promoters and non-promoters on a preferential basis following conversion of warrants.
- Distinctive share numbers range from 3791701 to 4810000.
- Company must obtain trading approval by submitting additional documents, including NSE listing approval (if applicable) and depository confirmations.
- Trading approval application must be filed within 7 working days from listing approval to avoid penalties.
- Compliance required with SEBI regulations, including shareholding pattern disclosure if changes exceed 2% of total paid-up capital.