Description
BSE announces the listing of 14,220,000 equity shares of Umiya Mobile Limited with lock-in periods ranging from 1-3 years.
Summary
BSE has announced the listing of equity shares of Umiya Mobile Limited totaling 14,220,000 shares. The listing includes shares with varying lock-in periods and distinctive number ranges, with the majority being fully paid equity shares in demat form.
Key Points
- Total shares listed: 14,220,000
- All shares are fully paid and in demat form
- Lock-in period starts from July 25, 2025
- Lock-in periods vary: 1 year (August 5, 2026), 2 years (August 5, 2027), and 3 years (August 5, 2028)
- Distinctive numbers range from 1 to 14,220,000
- IPO shares included in the listing
Regulatory Changes
No specific regulatory changes mentioned in this circular.
Compliance Requirements
- Shares must comply with lock-in period restrictions
- All shares are required to be held in demat form
- Lock-in provisions apply from July 25, 2025
Important Dates
- Lock-in start date: July 25, 2025
- Lock-in end dates: August 5, 2026 / August 5, 2027 / August 5, 2028 (depending on share category)
- Listing date: August 1, 2025
Impact Assessment
The listing of 14.22 million shares of Umiya Mobile Limited adds new equity to the market with structured lock-in periods that will affect liquidity over the next 1-3 years. The staggered lock-in expiry dates will create periodic liquidity events as shares become freely tradeable.
Impact Justification
New equity listing with significant volume and structured lock-in periods affects market liquidity