Description
15,92,480 equity shares of Kriti Industries (India) Ltd. listed for trading with effect from August 7, 2025, issued on preferential basis to promoters.
Summary
BSE has announced the listing of 15,92,480 new equity shares of Kriti Industries (India) Ltd. (Scrip Code: 526423) with effect from Thursday, August 7, 2025. These shares were issued at a premium of Rs. 157.50 per share to promoters on a preferential basis pursuant to conversion of warrants.
Key Points
- 15,92,480 equity shares of Re. 1/- each issued at Rs. 158.50 per share
- Shares issued to promoters on preferential basis through warrant conversion
- New shares rank pari-passu with existing equity shares
- Distinguished numbers: 51103521 to 52696000
- ISIN: INE479D01038
- All shares subject to lock-in until February 28, 2027
Regulatory Changes
No regulatory changes introduced through this circular.
Compliance Requirements
- Trading members must note the new securities are available for trading from August 7, 2025
- Lock-in restrictions apply to all 15,92,480 shares until February 28, 2027
Important Dates
- Allotment Date: June 12, 2025
- Trading Commencement: August 7, 2025
- Lock-in Expiry: February 28, 2027
Impact Assessment
This is a routine listing with minimal market impact. The preferential allotment to promoters increases the company’s equity base while maintaining promoter control through lock-in provisions. The shares will add to the tradeable float after the lock-in period expires in 2027.
Impact Justification
Routine listing of new equity shares through warrant conversion with standard lock-in provisions