Description
19,79,349 new equity shares of Hindustan Foods Ltd. listed on BSE from July 30, 2025 following warrant conversion.
Summary
BSE has announced the listing of 19,79,349 new equity shares of Hindustan Foods Ltd. (Scrip Code: 519126) effective from July 30, 2025. These shares were issued to non-promoters on a preferential basis following conversion of warrants.
Key Points
- 9,15,331 equity shares issued at Rs. 546.25 per share (face value Rs. 2 + premium Rs. 544.25)
- 10,64,018 equity shares issued at Rs. 563.90 per share (face value Rs. 2 + premium Rs. 561.90)
- All shares issued to non-promoters through warrant conversion
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 117502414 to 119481762
Regulatory Changes
No regulatory changes. Standard listing procedure for converted warrants.
Compliance Requirements
- Trading members informed of new securities available for trading
- All shares subject to lock-in period until February 5, 2025
- ISIN: INE254N01026
Important Dates
- Allotment Date: June 18, 2025
- Trading Commencement: July 30, 2025
- Lock-in Expiry: February 5, 2025
Impact Assessment
Minimal market impact as this represents routine conversion of existing warrants. The preferential allotment to non-promoters may provide additional liquidity to the stock. Lock-in restrictions ensure orderly market participation.
Impact Justification
Routine listing of converted warrants with minimal market impact