Description

BSE permits trading of 5,60,000 equity shares of Dev Labtech Venture Limited issued through warrant conversion, effective August 4, 2025.

Summary

BSE has approved the listing of 5,60,000 new equity shares of Dev Labtech Venture Limited (Scrip Code: 543848) issued through conversion of warrants on a preferential basis to promoters. Trading will commence on August 4, 2025.

Key Points

  • 5,60,000 equity shares of Rs. 10/- each issued at Rs. 52/- premium
  • Shares issued to promoters through warrant conversion
  • New shares rank pari-passu with existing equity shares
  • Distribution numbers: 11303140 to 11863139
  • ISIN: INE0NIJ01017

Regulatory Changes

No regulatory changes - routine listing procedure for warrant conversion.

Compliance Requirements

  • Trading members can commence trading from August 4, 2025
  • Lock-in period applies until February 28, 2027 for all 5,60,000 shares

Important Dates

  • Allotment Date: April 30, 2025
  • Trading Commencement: August 4, 2025
  • Lock-in Expiry: February 28, 2027

Impact Assessment

Minimal market impact as this involves a relatively small number of shares (5.6 lakh) from warrant conversion. The shares are subject to lock-in until February 2027, limiting immediate trading volume impact.

Impact Justification

Routine listing of converted warrants for a single company with minimal market impact