Description
1,46,73,782 new equity shares of AKI India Limited listed and permitted to trade from August 7, 2025, issued through warrant conversion.
Summary
AKI India Limited (Scrip Code: 542020) has listed 1,46,73,782 new equity shares of Rs. 2/- each on BSE, effective from August 7, 2025. These shares were issued at a premium of Rs. 16.71 (total issue price Rs. 18.71) to promoters and non-promoters through conversion of warrants on a preferential basis.
Key Points
- Total new shares: 1,46,73,782 equity shares of Rs. 2/- each
- Issue price: Rs. 18.71/- (face value Rs. 2/- + premium Rs. 16.71/-)
- Allotment date: June 9, 2025
- Trading commencement: August 7, 2025
- ISIN: INE642Z01026
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 88532175 to 103205956
Regulatory Changes
No regulatory changes introduced. Standard listing procedures followed for warrant conversion securities.
Compliance Requirements
- Trading members must update their systems for the new securities
- Lock-in provisions must be enforced as per specified schedule
- Compliance with preferential allotment regulations
Important Dates
- Allotment Date: June 9, 2025
- Trading Start Date: August 7, 2025
- Lock-in periods vary:
- 30,00,000 shares locked until March 5, 2027
- 74,16,782 shares locked until March 5, 2026
- 42,07,000 shares locked until March 5, 2027
- 50,000 shares locked until March 5, 2026
Impact Assessment
Significant equity dilution through warrant conversion will increase the company’s share capital and may impact existing shareholders’ ownership percentages. The staggered lock-in periods indicate controlled release of shares into the market, potentially affecting liquidity and price discovery over the next 1-2 years.
Impact Justification
Significant equity dilution through warrant conversion affecting existing shareholders and trading dynamics