Description
7,66,667 new equity shares of Emmbi Industries Limited listed on BSE effective July 31, 2025, issued to promoters via warrant conversion.
Summary
BSE has approved the listing of 7,66,667 new equity shares of Emmbi Industries Limited (Scrip Code: 533161) effective from July 31, 2025. These shares were issued to promoters on a preferential basis through conversion of warrants at Rs. 109 per share.
Key Points
- 7,66,667 equity shares of Rs. 10/- each issued at premium of Rs. 99/-
- Shares issued to promoters on preferential basis pursuant to warrant conversion
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 18473584 to 19240250
- ISIN: INE753K01015
- Issue price: Rs. 109.00/-
- Date of allotment: May 24, 2025
Regulatory Changes
No regulatory changes introduced. Standard listing process for warrant conversion.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in restrictions apply to all issued shares until March 15, 2027
- Shares subject to standard listing compliance requirements
Important Dates
- Allotment Date: May 24, 2025
- Trading Commencement: July 31, 2025
- Lock-in Period Ends: March 15, 2027
Impact Assessment
Minimal market impact expected as this represents a routine preferential allotment to promoters via warrant conversion. The shares carry a lock-in period until March 2027, preventing immediate trading by promoters. No dilution concerns for existing shareholders as warrants were previously disclosed.
Impact Justification
Routine listing of promoter shares via warrant conversion with minimal market impact