Description
9,53,500 equity shares of Misquita Engineering Limited listed for trading with effect from July 30, 2025, issued through conversion of warrants.
Summary
Misquita Engineering Limited (Scrip Code: 542801) has listed 9,53,500 new equity shares of Rs. 10/- each issued at a premium of Rs. 30/- to promoters on preferential basis pursuant to conversion of warrants. The shares will be available for trading from July 30, 2025.
Key Points
- 9,53,500 equity shares of Rs. 10/- each issued at Rs. 40/- (including premium of Rs. 30/-)
- 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 introduced.
Compliance Requirements
Trading members are informed of the new securities listing and trading permissions.
Important Dates
- Allotment Dates: March 13, 2025 (3,06,500 shares) and May 23, 2025 (6,47,000 shares)
- Trading Commencement: July 30, 2025
- Lock-in Period: Until February 15, 2027 for all shares
Impact Assessment
Minimal market impact as these are additional shares issued to promoters through warrant conversion with extended lock-in period until February 2027, preventing immediate trading by allottees.
Impact Justification
Routine listing of additional shares through warrant conversion with limited market impact