Emkay Global Financial Services Receives Trading Approval for Promoter Equity Conversion Shares from NSE and BSE
Emkay Global Financial Services Limited has received trading approval from the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE) for equity shares allotted to Promoters of the Company following the conversion of warrants issued on a preferential basis. These securities are set to be admitted to dealings on the exchanges starting June 19, 2026.The trading approval pertains to two distinct tranches of shares, both allocated at a premium. The company's equity is now listed and admissible for transactions across both stock exchanges.
Details of Securities Listing
The listing details cover both the initial tranche of promoter-allotted securities and a subsequent series:| Security Description | Total Number of Shares | Share Price | Premium Amount | Distinctive Numbers Range |
|---|---|---|---|---|
| Equity shares (Tranche 1) allotted to Promoters | 378,300 | Rs. 10/- each | Rs. 229.50/- | 26336732 to 26715031 |
| Equity shares (Tranche 2) allotted to Promoters | 415,100 | Rs. 10/- each | Rs. 229.50/- | 26715032 to 27130131 |
The NSE and BSE confirmed the trading status of these shares upon conversion of warrants issued on a preferential basis.
Lock-in Period for Allotted Shares
As per the Stock Exchange confirmations, the allotted equity shares are subject to specific lock-in periods:| Tranche | Number of Shares | Distinctive Numbers Range | Date Until Which Lock-in |
|---|---|---|---|
| 1 | 378,300 | From 26336732 to 26715031 | December 18, 2027 |
| 2 | 415,100 | From 26715032 to 27130131 | December 22, 2027 |
These approvals confirm the admission of the allotted equity shares to trading on the Stock Exchanges from June 19, 2026.
EMKAY Stock Price Movement
Shares of Emkay Global Financial Services Limited closed down for the day, finding a settlement price of ₹290.35 after shedding 0.47%. The stock experienced intraday movement, trading between a low of ₹287.11 and a high of ₹297.89.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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