Description
BSE announces listing of 15,92,480 new equity shares of Kriti Industries issued through preferential allotment to promoters.
Summary
BSE has announced the listing of 15,92,480 new equity shares of Kriti Industries (India) Ltd. (Scrip Code: 526423) effective August 7, 2025. These shares were issued to promoters on a preferential basis through conversion of warrants at Rs. 158.50 per share.
Key Points
- 15,92,480 equity shares of Re. 1/- each issued at premium of Rs. 157.50/-
- Issue price: Rs. 158.50 per share
- Shares issued to promoters through warrant conversion
- Distribution numbers: 51103521 to 52696000
- Date of allotment: June 12, 2025
- ISIN: INE479D01038
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for new securities.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Shares subject to lock-in period until February 28, 2027
- New shares rank pari-passu with existing equity shares
Important Dates
- Allotment Date: June 12, 2025
- Trading Commencement: August 7, 2025
- Lock-in Period Ends: February 28, 2027
Impact Assessment
Minimal market impact expected as this represents routine listing of promoter shares through warrant conversion. The lock-in period until February 2027 prevents immediate trading by promoters, maintaining market stability.
Impact Justification
Routine listing of new shares through warrant conversion with no immediate market impact