Longspur International Ventures Limited has approved a preferential allotment of up to 1.5 crore equity shares at Rs. 10 each, raising Rs. 15 crore. The issue involves both promoter and non-promoter investors, with detailed disclosures filed under SEBI Listing Regulations.
Longspur International Ventures Limited announced that its Board of Directors, in a meeting held on March 4, 2026, approved the issuance of 1,50,00,000 equity shares of face value Rs. 10 each. The preferential allotment, priced at Rs. 10 per share, will raise Rs. 15 crore in total. This move is in line with SEBI’s ICDR Regulations, 2018, and disclosures have been made under Regulation 30 of SEBI (LODR) Regulations, 2015.
Key Highlights
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The issue comprises 1.5 crore equity shares, aggregating Rs. 15 crore
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Shares will be allotted to 30 investors, including promoters and non-promoters
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Promoter Manoj Jain will receive 14.3 lakh shares, increasing his holding to 15.70% post-issue
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Non-promoter investors include individuals and entities such as Pritika Surana, Vinod Harmukhrai Beriwal, and Ananya Financial Solutions India Pvt. Ltd.
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The issue price has been fixed at Rs. 10 per share, equal to the face value
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Post-allotment, investor holdings have been detailed in Annexure-B, ensuring transparency
This preferential issue strengthens the company’s capital base and broadens investor participation, reflecting confidence in its growth trajectory.
Source: Longspur International Ventures Limited BSE filing