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Source: scanx.trade
Vani Commercials Limited has secured trading approval from BSE Limited for 17,666,663 equity shares issued on a preferential basis to non-promoters. The development was disclosed pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, with the company's Managing Director, Vishal Abrol, signing off on the regulatory filing dated May 11, 2026.
Trading Approval Details
The BSE communicated its approval through letter no. LOD/PREF/SV/148/2026-27, confirming that the newly issued equity shares are listed on the Exchange effective Tuesday, May 12, 2026. The key parameters of the approved securities are outlined below:
Parameter: Details Number of Shares: 17,666,663 Face Value: ₹10.00/- per share Premium: ₹2.00/- per share Distinctive Numbers: 11740621 to 29407283 Allotment Type: Preferential basis to Non-Promoters Trading Effective From: Tuesday, May 12, 2026 BSE Letter Reference: LOD/PREF/SV/148/2026-27 BSE Notice No.: 20260511-10 dated May 11, 2026
Regulatory Compliance
The announcement was made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Vani Commercials noted that a copy of the trading approval received from BSE Limited has been attached as Annexure-A to the regulatory filing. Trading members of the Exchange were separately notified via BSE Notice No. 20260511-10 dated May 11, 2026, available on the BSE website.
The filing was signed by Vishal Abrol, Managing Director (DIN: 06938389), on behalf of Vani Commercials Limited. The BSE approval letter was jointly signed by Marian Dsouza, Assistant Vice President, and Karan Shah, Deputy Manager, from the Exchange's side.
Vani Commercials Limited has announced receiving listing approval from BSE Limited for a substantial equity share issuance. The company informed the exchange about this significant corporate development under regulatory compliance requirements on April 24, 2026.
Listing Approval Details
BSE Limited has granted listing approval for the company's preferential share issue through its letter no. LOD/PREF/KS/FIP/129/2026-27 dated April 23, 2026. The approval covers specific parameters for the equity shares issued to non-promoters.
Parameter: Details Total Shares Approved: 1,76,66,663 equity shares Face Value: Rs. 10/- each Premium: Rs. 2/- each Issue Type: Preferential basis to non-promoters Distinctive Numbers: 11740621 to 29407283 BSE Letter Reference: LOD/PREF/KS/FIP/129/2026-27
Regulatory Compliance Requirements
BSE has outlined several compliance requirements that the company must fulfill. The exchange emphasized adherence to Regulation 167 of SEBI (ICDR) Regulations and other specifications mandated by SEBI from time to time.
The company must file shareholding patterns in XBRL mode as required under Regulations 31(1)(c) of SEBI LODR Regulations, 2015, particularly if there is a change exceeding two percent of the total paid-up share capital.
Trading Approval Prerequisites
BSE has specified that trading approval for the mentioned shares will be granted only after the company files specific documents with the exchange:
Listing approval from National Stock Exchange of India Ltd. (if applicable)
Confirmation letters from NSDL/CDSL about crediting shares to respective beneficiary accounts
Confirmation about admitting the capital to the depository system
Confirmation letters regarding lock-in of pre-preferential holding (if applicable)
Timeline and Compliance Obligations
According to Schedule XIX of ICDR Regulations and SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023, listed entities must make an application for trading approval to stock exchanges within seven working days from the date of grant of listing approval. Non-compliance with this requirement will attract fines as mentioned in the referenced SEBI circular.
Corporate Announcement
The announcement was made by Managing Director Vishal Abrol (DIN: 06938389) on April 24, 2026, pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided the BSE listing approval letter as supporting documentation for this regulatory disclosure.
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