Description
BSE permits trading of 1,46,73,782 new equity shares of AKI India Limited from August 7, 2025, issued through warrant conversion with various lock-in periods.
Summary
BSE has approved the listing and trading of 1,46,73,782 new equity shares of AKI India Limited (Scrip Code: 542020) effective August 7, 2025. These shares were issued at Rs. 18.71 per share through conversion of warrants on a preferential basis to promoters and non-promoters.
Key Points
- 1,46,73,782 equity shares of Rs. 2/- each issued at premium of Rs. 16.71
- Issue price: Rs. 18.71 per share
- Allotment date: June 9, 2025
- Trading commences: August 7, 2025
- ISIN: INE642Z01026
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for warrant conversion.
Compliance Requirements
- Trading members informed of new securities availability
- Lock-in restrictions apply to different tranches of shares
- Compliance with preferential allotment regulations
Important Dates
- Allotment Date: June 9, 2025
- Trading Start Date: August 7, 2025
- Lock-in Expiry Dates:
- 30,00,000 shares: March 5, 2027
- 74,16,782 shares: March 5, 2026
- 42,07,000 shares: March 5, 2027
- 50,000 shares: March 5, 2026
Impact Assessment
Moderate impact on AKI India Limited’s trading dynamics due to significant increase in tradeable shares. The staggered lock-in periods will affect liquidity over different timeframes. Investors should note the substantial dilution and varying lock-in restrictions when making investment decisions.
Impact Justification
Standard new securities listing with significant share volume but routine nature