Description
600,000 equity shares of Kilburn Engineering Ltd listed on BSE from July 31, 2025, issued at premium to non-promoters via warrant conversion.
Summary
Kilburn Engineering Ltd (Scrip Code: 522101) has listed 600,000 new equity shares on BSE effective July 31, 2025. These shares were issued at Rs. 166 per share (face value Rs. 10 + premium Rs. 156) to non-promoters through conversion of warrants on a preferential basis.
Key Points
- 600,000 equity shares of Rs. 10 each issued at premium of Rs. 156
- Shares issued to non-promoters on preferential basis pursuant to warrant conversion
- Trading commences on BSE from July 31, 2025
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 48437859 to 49037858
- Date of allotment: July 3, 2025
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for new equity shares.
Compliance Requirements
- Trading members informed of new securities listing
- Lock-in period applicable until February 19, 2026
- All 600,000 shares subject to lock-in restrictions
Important Dates
- Allotment Date: July 3, 2025
- Trading Commencement: July 31, 2025
- Lock-in Period Ends: February 19, 2026
Impact Assessment
Minimal market impact expected as this represents a small preferential allotment to non-promoters. The lock-in period until February 2026 prevents immediate trading of these shares, limiting potential dilution effects on existing shareholders.
Impact Justification
Routine listing of new shares via warrant conversion with minimal market impact