Description
BSE announces listing of 400,000 new equity shares of Caprihans India Ltd issued to promoters through preferential allotment from warrant conversion, effective July 31, 2025.
Summary
BSE has approved the listing of 400,000 new equity shares of Caprihans India Ltd (Scrip Code: 509486) issued to promoters through preferential allotment pursuant to warrant conversion. The shares will be available for trading from July 31, 2025, with a 2-year lock-in period until January 30, 2027.
Key Points
- 400,000 equity shares of Rs. 10 face value each issued at premium of Rs. 190
- Issue price: Rs. 200 per share
- Allotment date: January 20, 2025
- Trading commencement: July 31, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE479A01018
- Distribution numbers: 14223972 to 14623971
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note the new securities for trading purposes
- All 400,000 shares subject to promoter lock-in until January 30, 2027
- Shares issued through preferential allotment to promoters only
Important Dates
- Allotment Date: January 20, 2025
- Trading Start Date: July 31, 2025
- Lock-in Period Expires: January 30, 2027
Impact Assessment
Minimal immediate market impact expected as all shares are subject to promoter lock-in for approximately 2 years. The warrant conversion represents completion of a previously announced fundraising activity. Share supply will not increase in the tradeable float until the lock-in period expires in 2027.
Impact Justification
Routine listing of shares from warrant conversion with minimal market impact due to promoter lock-in