Transchem Ltd. Receives In-Principle Approval for Preferential Issue of Warrants
Transchem Ltd. has received in-principle approval from the BSE Limited regarding the planned preferential issue of warrants. The approval was granted by the exchange on May 21, 2026.The company intends to proceed with the preferential issue of 6,15,00,000 warrants. Each warrant carries a face value of Rs. 10/-.
Transchem Ltd. stated that following the receipt of the necessary approval from the regulatory authority, the company will initiate steps towards the consummation of the preferential issue.
The details of the warrants approved for issuance are as follows:
| Item | Details |
|---|---|
| Company Name | Transchem Ltd. |
| Total Warrants | 6,15,00,000 |
| Face Value Per Warrant | Rs. 10/- |
| Approval Authority | BSE Limited |
| Approval Date | May 21, 2026 |
Stock Price Movement
As of 11:35, Transchem Ltd shares are ticking up, trading at ₹184.40, which is showing a 4.98% increase for the day. Over the morning session, the stock found its range, moving between a low of ₹184.00 and a high of ₹184.40.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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