Description

BSE announces listing of 9,53,500 equity shares of Misquita Engineering Limited issued to promoters on preferential basis with lock-in until February 2027.

Summary

BSE has announced the listing of 9,53,500 new equity shares of Misquita Engineering Limited (Scrip Code: 542801) issued to promoters on a preferential basis pursuant to warrant conversion. Trading will commence from July 30, 2025.

Key Points

  • 9,53,500 equity shares of Rs. 10/- each issued at Rs. 30/- premium
  • Issue price: Rs. 40/- per share
  • Shares issued to promoters on preferential basis through warrant conversion
  • Distribution numbers: 3734501 to 4688000
  • ISIN: INE957W01025
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. Standard listing procedure for preferential allotment.

Compliance Requirements

  • Trading members informed of new securities availability
  • Lock-in restrictions applicable as per SEBI regulations
  • Shares subject to promoter lock-in provisions

Important Dates

  • Allotment Date 1: March 13, 2025 (3,06,500 shares)
  • Allotment Date 2: May 23, 2025 (6,47,000 shares)
  • Trading Commencement: July 30, 2025
  • Lock-in Period Ends: February 15, 2027

Impact Assessment

Minimal market impact as these are promoter shares with lock-in restrictions. No immediate trading volume expected from these shares until lock-in expires in 2027.

Impact Justification

Routine listing of promoter shares with standard lock-in provisions