Balgopal Commercial Ltd Receives Trading Approval for Preferential Allotment of Equity Shares
Balgopal Commercial Ltd has received trading approval from the Stock Exchange regarding 23,38,000 equity shares issued on a preferential basis to a Promoter. The approval allows these securities to be traded on the exchange beginning August 7, 2026.The company's notification confirms that the shares were issued at a face value of Rs. 10/- each and sold with a premium of Rs. 50/each. This allotment was made to the Promoter pursuant to the conversion of warrants.
The trading approval was granted by the Stock Exchange, effective from Friday, August 7, 2026.
Details regarding the newly allotted equity shares are summarized below:
| Share Type | Shares Issued | Face Value (per share) | Premium (per share) | Beneficiary |
|---|---|---|---|---|
| Equity Shares | 23,38,000 | Rs. 10/- | Rs. 50/ | Promoter |
Stock Price Movement
As of 13:45, shares of Balgopal Commercial Ltd are edging higher at ₹185.00, reflecting a solid gain of 2.21% or ₹4.00.The stock has shown dynamic movement today, having traded within an intraday range spanning from ₹181.05 to ₹185.00.
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