Description
BSE announces listing of 19,79,349 new equity shares of Hindustan Foods Ltd. from preferential warrant conversion, effective July 30, 2025.
Summary
BSE has announced the listing of 19,79,349 new equity shares of Hindustan Foods Ltd. (Scrip Code: 519126) effective from Wednesday, July 30, 2025. These shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants at different premium rates.
Key Points
- Total new shares listed: 19,79,349 equity shares of Rs. 2/- each
- First tranche: 9,15,331 shares at Rs. 546.25/- (premium of Rs. 544.25/-)
- Second tranche: 10,64,018 shares at Rs. 563.90/- (premium of Rs. 561.90/-)
- All shares issued to non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- ISIN: INE254N01026
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members are informed about the new securities available for trading
- Standard listing compliance requirements apply
Important Dates
- Allotment Date: June 18, 2025
- Trading Commencement: July 30, 2025
- Lock-in Period: Until February 5, 2025 (appears to be an error in original document)
Impact Assessment
Minimal market impact expected as this is a routine listing of preferentially allotted shares. The addition represents a relatively small increase in the company’s equity base through warrant conversion, which is a standard corporate action.
Impact Justification
Routine equity listing notification with minimal market impact