Description
BSE announces listing of 50.35 lakh new equity shares of Sellwin Traders Limited from warrant conversion, effective July 29, 2025.
Summary
BSE has announced the listing of 50,35,000 new equity shares of Sellwin Traders Limited (Scrip Code: 538875) effective from July 29, 2025. These shares were issued through conversion of warrants on a preferential basis to non-promoters at Rs. 5.50 per share.
Key Points
- 50.35 lakh equity shares of Rs. 2/- each issued at premium of Rs. 3.50
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Trading commences on July 29, 2025
- ISIN: INE195F01027
- Distribution numbers: 224887501 to 229922500
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members informed of new security listing
- Standard trading and settlement procedures apply
- Lock-in restrictions must be observed
Important Dates
- Allotment Date: July 5, 2025
- Trading Commencement: July 29, 2025
- Lock-in Expiry: February 1, 2026
Impact Assessment
Minimal market impact expected as this is a routine new security listing. The lock-in period until February 2026 restricts immediate trading liquidity. The preferential allotment to non-promoters may provide some additional market participation once lock-in expires.
Impact Justification
Routine new security listing with limited market impact due to small scale and lock-in restrictions