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Celebrity Fashions Gets NSE, BSE Nod to List Preferential Share Issue

Story Highlights
  • Celebrity Fashions secured NSE and BSE listing approval for 4.87 million equity shares issued on a preferential basis.
  • This preferential share listing bolsters the company’s equity base and market liquidity, supporting future growth plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Celebrity Fashions Gets NSE, BSE Nod to List Preferential Share Issue

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Celebrity Fashions Limited ( (IN:CELEBRITY) ) has provided an update.

Celebrity Fashions Limited has received listing approval from both the National Stock Exchange of India and BSE Limited for 4,869,933 equity shares with a face value of ₹10 each, issued on a preferential basis at ₹10.31 per share in cash. The new listing of these shares strengthens the company’s equity base and enhances liquidity in its stock, potentially supporting future growth initiatives and broadening its investor participation, while complying with disclosure norms under Indian securities regulations.

More about Celebrity Fashions Limited

Celebrity Fashions Limited is an India-based apparel company operating out of Chennai, with its facilities located in the MEPZ/SEZ at Tambaram. The company is engaged in the fashion and garment industry, focusing on manufacturing and supplying clothing products, and is listed on both BSE and the National Stock Exchange of India, giving it access to public capital markets.

Average Trading Volume: 7,817

Technical Sentiment Signal: Sell

Current Market Cap: 476.8M INR

For an in-depth examination of CELEBRITY stock, go to TipRanks’ Overview page.

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