Jattashankar Industries Receives In-Principle Approval for Issue of 81,55,000 Warrants Convertible into Equity Shares
Jattashankar Industries Ltd has secured in-principle approval from the BSE Limited regarding the issuance of warrants convertible into equity shares on a preferential basis. The approvals pertain to the issue of 81,55,000 warrants.The BSE Limited granted this in-principle approval via its letter dated June 16, 2026.
The company intends to issue these warrants with the understanding that they will be convertible into equity shares of Jattashankar Industries Ltd at a face value of Rs. 10/- each. The preferential issuance terms stipulate that the price for the conversion should not be less than Rs. 92/- per share, applicable to both promoters and non-promoters.
Stock Price Movement
At the close of trading on Tuesday, Jattashankar Industries Ltd shares settled at ₹409.00, showing no change for the day. The stock traded within an intraday range, dipping as low as ₹403.00 and peaking at a high of ₹409.00.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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