Dhansafal Finserve Ltd has received BSE approval to list 1 crore equity shares issued to its promoter via warrant conversion. The shares were issued at Rs 4.31 apiece, completing a procedural capital issuance milestone for the company.
Dhansafal Finserve Secures Listing Approval for 1 Crore Equity Shares
1,00,00,000 Equity Shares listed. Rs 4.31 Total issue price per share.
Reader Takeaway: Promoter warrant conversion process completes, bringing fresh liquidity to the company's capital base.
What just happened
Dhansafal Finserve Ltd has received official listing approval from the BSE for 1,00,00,000 equity shares. These shares were issued on a preferential basis to the company promoter, following the successful conversion of previously held warrants.
Why this matters
The listing approval serves as the final regulatory stamp for the capital infusion. By converting warrants into equity, the promoter has effectively increased their stake in the company. With the shares now formally listed, they are tradable on the exchange, completing the procedural requirements initiated by the company earlier.
Transaction Breakdown
The shares have been issued with a face value of Re 1 each and a premium of Rs 3.31, resulting in a total issue price of Rs 4.31 per share. The approval was granted by the exchange on November 04, 2026.