Description
BSE announces listing of 27,85,000 new equity shares of Swastika Investmart Ltd from July 31, 2025, issued through preferential allotment via warrant conversion.
Summary
BSE has announced the listing of 27,85,000 new equity shares of Swastika Investmart Ltd (Scrip Code: 530585) effective from Thursday, July 31, 2025. These shares were issued at Rs. 62.20 per share through preferential allotment to promoters and non-promoters pursuant to warrant conversion.
Key Points
- 27,85,000 equity shares of Rs. 2/- each issued at premium of Rs. 60.20/-
- Issue price: Rs. 62.20 per share
- Allotment date: June 6, 2025
- Trading commencement: July 31, 2025
- ISIN: INE691C01022
- Distribution numbers: 17313501 to 20098500
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for new securities.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in periods apply to the allotted shares as specified
- Standard compliance with existing equity trading regulations
Important Dates
- Allotment Date: June 6, 2025
- Trading Commencement: July 31, 2025
- Lock-in Expiry (25,10,000 shares): January 31, 2027
- Lock-in Expiry (2,75,000 shares): January 31, 2026
Impact Assessment
Minimal market impact expected as this represents a routine listing of new shares through warrant conversion. The lock-in periods ensure gradual market availability, reducing potential volatility. Investors should note the different lock-in periods for different tranches of shares.
Impact Justification
Routine listing of new shares through warrant conversion with limited market impact