Description
9,60,000 equity shares of Organic Recycling Systems Limited listed for trading on BSE from July 28, 2025, issued through warrant conversion with lock-in period until February 4, 2026.
Summary
BSE has announced the listing of 9,60,000 new equity shares of ORGANIC RECYCLING SYSTEMS LIMITED (Scrip Code: 543997) effective from Monday, July 28, 2025. These shares were issued at Rs. 273/- per share (face value Rs. 10/- with premium of Rs. 263/-) to non-promoters on a preferential basis pursuant to conversion of warrants. All shares are subject to lock-in until February 4, 2026.
Key Points
- 9,60,000 equity shares of Rs. 10/- each listed for trading
- Shares issued at premium of Rs. 263/- (total issue price Rs. 273/-)
- Issued to non-promoters on preferential basis through warrant conversion
- Distribution numbers: 7699276 to 8659275
- Date of allotment: March 29, 2025
- ISIN: INE0MIO01019
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory framework changes. Standard listing procedure for new securities issued through warrant conversion.
Compliance Requirements
- Trading members must note the new securities are available for trading from July 28, 2025
- All shares subject to lock-in restrictions until February 4, 2026
- Standard trading and settlement procedures apply
Important Dates
- Trading Commencement: July 28, 2025 (Monday)
- Allotment Date: March 29, 2025
- Lock-in Expiry: February 4, 2026
Impact Assessment
Medium impact on market operations. The listing adds liquidity to ORGANIC RECYCLING SYSTEMS LIMITED stock, though immediate trading impact is limited due to lock-in period extending until February 2026. The preferential allotment to non-promoters indicates strategic investment but does not immediately affect free-float availability for retail investors.
Impact Justification
Standard equity listing notification with moderate market impact due to locked-in shares and preferential basis issuance