Description
5,60,000 equity shares of Dev Labtech Venture Limited listed for trading from August 4, 2025, issued through warrant conversion.
Summary
Dev Labtech Venture Limited (Scrip Code: 543848) has listed 5,60,000 new equity shares on BSE effective August 4, 2025. These shares were issued to promoters on a preferential basis through conversion of warrants at Rs. 62 per share.
Key Points
- 5,60,000 equity shares of Rs. 10/- each issued at premium of Rs. 52/-
- Issued to promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 11303140 to 11863139
- Date of allotment: April 30, 2025
- Issue price: Rs. 62.00 per share
- ISIN: INE0NIJ01017
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed of the new securities available for trading from the specified date.
Important Dates
- Trading Start Date: August 4, 2025 (Monday)
- Allotment Date: April 30, 2025
- Lock-in Period Ends: February 28, 2027
Impact Assessment
Minimal market impact as this involves a limited number of shares (5,60,000) issued to promoters with a lock-in period until February 2027. The shares are subject to lock-in restrictions, preventing immediate trading by promoters.
Impact Justification
Routine listing of limited equity shares through warrant conversion with minimal market impact