Tejassvi Aaharam Ltd Receives In-Principle Approval from BSE for Preferential Equity Issue
Tejassvi Aaharam Limited has received "In-Principle" approval from the Bombay Stock Exchange (BSE) regarding a proposed preferential issuance of equity shares to non-promoters, structured through a share swap arrangement. The approval relates to an issue of 5,11,62,204 fully paid up equity shares.The BSE granted the in-principle approval on July 7, 2026, for the issuance of these securities to non-promoters at an issue price of Rs 10/- per share. The face value of the equity shares stands at Rs 10/-, aligning with the offer price.
The details of the approved transaction are as follows:
| Particular | Detail |
|---|---|
| Issuing Company | Tejassvi Aaharam Ltd |
| Regulatory Authority | Bombay Stock Exchange (BSE) |
| Number of Shares to be Issued | 5,11,62,204 |
| Face Value per Share | Rs 10/- |
| Issue Price per Share | Rs 10/- |
| Investor Category | Non-Promoters |
| Basis of Issue | Preferential via Share Swap Arrangement |
The approval enables the Company to proceed with the proposed preferential issue and allotment of equity shares, subject to compliance with applicable laws and regulations.
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