Description
BSE announces listing of 15,92,480 equity shares of Kriti Industries issued to promoters on preferential basis from warrant conversion.
Summary
BSE has announced the listing of 15,92,480 new equity shares of Kriti Industries (India) Ltd. (Scrip Code: 526423) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares will commence trading on August 7, 2025.
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
- Allotment date: June 12, 2025
- Distribution numbers: 51103521 to 52696000
- Shares rank pari-passu with existing equity shares
- ISIN: INE479D01038
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
Trading members are informed of the new securities listing for trading purposes.
Important Dates
- Allotment Date: June 12, 2025
- Trading Commencement: August 7, 2025
- Lock-in Period Expiry: February 28, 2027
Impact Assessment
Minimal market impact as this is a routine preferential allotment to promoters with standard 18-month lock-in period. The shares cannot be traded by allottees until February 2027, ensuring no immediate dilution impact on existing shareholders.
Impact Justification
Routine preferential allotment to promoters with standard lock-in period