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Longspur International Ventures informs about outcome of board meeting

24 Jun 2026 Evaluate

In furtherance to letters dated 10th March, 2026, and 6th April, 2026 regarding the approval of issue and allotment of upto 2,03,50,000 Equity Shares through Preferential Issue on private placement basis, Longspur International Ventures has informed that the Board of Directors of the Company at their Board meeting held on 24th June, 2026 1:00 pm and concluded at 1:30 pm decided to go for phased allotment and thereby approved the allotment of 52,30,000 equity shares of face value of ?10 each fully paid-up at a price of ?10 per equity share. The company has received in-principle approval from the BSE, for issue of the aforesaid Equity Shares on Preferential basis via letter dated June 12, 2026 ref LOD/PREF/MV/FIP/373/2026-27. The application for listing and trading approval of the Stock Exchanges for the equity shares allotted as above will be made in due course. These shares shall rank in all respects, with the existing equity shares of the Company. Post allotment, the issued and paid-up equity share capital of the company stands increased to 1,88,80,000 equity shares of ?10 each fully paid-up. Further, the information required under the Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with SEBI/HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026, are enclosed to this letter as Annexure-I.

The above information is a part of company’s filings submitted to BSE.

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