Description
600,000 equity shares issued to promoters on preferential basis pursuant to conversion of warrants, trading effective August 4, 2025.
Summary
BSE has approved the listing of 600,000 new equity shares of JHS SVENDGAARD RETAIL VENTURES LIMITED (Scrip Code: 544197) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares will commence trading from Monday, August 4, 2025.
Key Points
- 600,000 equity shares of Rs. 10/- each issued at premium of Rs. 40/-
- Issue price: Rs. 50.00 per share
- Issued to promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distinguished numbers: 13304601 to 13904600
- Date of allotment: June 2, 2025
- ISIN: INE03DD01011
Regulatory Changes
No regulatory changes - standard listing procedure for warrant conversion.
Compliance Requirements
- Trading members informed of new securities listing
- Lock-in period applicable as per regulations
- Shares to be treated at par with existing equity shares
Important Dates
- Allotment Date: June 2, 2025
- Trading Commencement: August 4, 2025
- Lock-in Period: Until February 24, 2027
Impact Assessment
Market Impact: Minimal - routine preferential allotment to promoters Operational Impact: Standard listing process with no operational changes Investor Impact: Increase in share capital, dilution for existing shareholders Lock-in Impact: All 600,000 shares locked-in until February 2027, preventing immediate trading by promoters
Impact Justification
Routine listing of new securities from warrant conversion with limited market impact