Emkay Global Financial Services’ Promoter Receives Trading Approval for Warrants-Converted Shares
Stock exchanges National Stock Exchange of India Limited (NSE) and BSE Limited granted trading approval for 100,000 equity shares allotted to Mr. Prakash Kacholia, a promoter of the company. These shares were received by Emkay Global Financial Services Ltd upon the conversion of warrants that had been issued on a preferential basis.The successful clearance from both exchanges means the allotment is ready for market trading. The stock exchanges confirmed that the equity shares are admitted to dealings effective from July 22, 2026.
The allotted securities pertain to an issue where the face value was Rs. 10/- per share, and they were issued at a premium of Rs. 229.5/-.
In terms of compliance, upon receipt of trading approvals, these equity shares are subject to a lock-in period of 18 months from the date of receiving the trading approval letters.
The details of the allotment and subsequent listing are summarized below:
| Particulars | Details |
|---|---|
| Allotted Shares | 100,000 Equity Shares |
| Shareholder | Mr. Prakash Kacholia (Promoter) |
| Listing Status | Admitted to dealings from July 22, 2026 |
| Lock-in Period | 18 months |
The details of the securities that were admitted for trading are as follows:
| Security Description | Symbol | No. of Securities | Distinctive Numbers Range |
|---|---|---|---|
| Equity shares allotted via warrant conversion | EMKAY | 100,000 | 27130132 to 27230131 |
The trading approval and listing information were issued by the National Stock Exchange of India Limited (NSE) and BSE Limited.
EMKAY Stock Price Movement
As of 11:38 AM, shares of Emkay Global Financial Services Limited are slipping by 1.82% in live trading, currently trading at ₹234.8. The stock has seen a volume of 21,026 shares traded so far today.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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