Description
BSE permits trading of 7,66,667 new equity shares of Emmbi Industries Limited issued through warrant conversion, effective July 31, 2025.
Summary
BSE has approved the listing and trading of 7,66,667 new equity shares of Emmbi Industries Limited (Scrip Code: 533161) effective 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 through warrant conversion
- Issue price: Rs. 109.00 per share
- Date of allotment: May 24, 2025
- ISIN: INE753K01015
- Distinguished numbers: 18473584 to 19240250
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for warrant conversion.
Compliance Requirements
- Trading members informed of new securities listing
- Shares subject to lock-in period restrictions
- All shares locked-in until March 15, 2027
Important Dates
- Allotment Date: May 24, 2025
- Trading Commencement: July 31, 2025
- Lock-in Period Expires: March 15, 2027
Impact Assessment
Minimal market impact expected as this is a routine warrant conversion by promoters. The shares are subject to a long lock-in period until March 2027, preventing immediate trading by promoters. This represents approximately 7.67 lakh additional shares in circulation for Emmbi Industries Limited.
Impact Justification
Routine listing of new shares through warrant conversion with limited market impact