C2C Advanced Systems Hits 5% Upper Circuit After Securing NSE Nod for Preferential Issue

Bengaluru, October 9, 2025: C2C Advanced Systems Limited’s share price is on the rise today, after the company announced that it has secured in-principle approval from the National Stock Exchange of India Ltd for its proposed preferential issue of equity shares following the conversion of warrants.. As of 10:50 AM, the shares were locked into their upper circuit and were up by 55, or 30.80 points and were trading at ₹647.35. Until now, the shares have traded within a range of ₹647.35 and ₹625. The traded volume stood at 26.40 thousand shares, with the company’s market cap at ₹1,026 crore. The shares have their 52-week high at ₹954 and 52-week low at ₹250.15.

C2C Advanced Systems Limited is an Indian company that is engaged in aerospace and defense engineering. The company was established in 2018 and is headquartered in Bengaluru, Karnataka. The shares of the company are listed on NSE Emerge with the ticker symbol C2C.

NSE Nod for Preferential Issue

The significant rise in the share price comes after the company announced that it has secured in-principle approval from the National Stock Exchange of India Ltd for its proposed preferential issue of equity shares following the conversion of warrants. According to the company’s filing, NSE has granted approval under Regulation 28(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval will allow C2C to proceed with issuing 13,67,258 equity shares and 10,75,891 shares of face value ₹10 each pursuant to warrant conversion. The company said that this step forms part of its broader capital strategy to improve its balance sheet, and support ongoing technology investments.

REF: https://nsearchives.nseindia.com/corporate/C2CAS_08102025151622_C2C_pref_issue_approval_update_F.pdf

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