Description
600,000 equity shares of Kilburn Engineering Ltd listed for trading with effect from July 31, 2025 following warrant conversion.
Summary
Kilburn Engineering Ltd (Scrip Code: 522101) has listed 600,000 new equity shares on BSE with effect from July 31, 2025. These shares were issued at a premium to non-promoters on preferential basis pursuant to conversion of warrants.
Key Points
- 600,000 equity shares of Rs. 10/- each issued at Rs. 156/- premium
- Issue price: Rs. 166/- per share
- Allotment date: July 3, 2025
- Trading commencement: July 31, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE338F01015
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed of the new securities available for trading from the effective date.
Important Dates
- Allotment Date: July 3, 2025
- Trading Start Date: July 31, 2025
- Lock-in Period: Until February 19, 2026
Impact Assessment
Minimal market impact expected as this is a small preferential allotment with complete lock-in until February 2026. The shares will not be available for immediate trading by allottees, limiting liquidity impact.
Impact Justification
Routine listing of new shares with limited market impact due to small size and lock-in period