Description
BSE lists 1.25 crore new equity shares of Reliance Infrastructure Ltd issued to promoters on preferential basis with lock-in period until February 2027.
Summary
BSE has listed 1.25 crore new equity shares of Reliance Infrastructure Ltd (Scrip Code: 500390) issued to promoters on a preferential basis through warrant conversion. The shares are effective for trading from August 8, 2025, with a lock-in period extending until February 12, 2027.
Key Points
- 1.25 crore equity shares of Rs. 10/- each issued at Rs. 240/- per share
- Issued to promoters on preferential basis pursuant to warrant conversion
- Premium of Rs. 230/- per share over face value
- Shares rank pari-passu with existing equity shares
- Date of allotment: June 18, 2025
- ISIN: INE036A01016
Regulatory Changes
No regulatory framework changes. This is a standard listing notification for new securities issued through preferential allotment route.
Compliance Requirements
- Trading members can trade these new securities from August 8, 2025
- Lock-in restrictions apply to all 1.25 crore shares until February 12, 2027
- Shares carry distribution numbers 502789091 to 515289090
Important Dates
- Allotment Date: June 18, 2025
- Trading Commencement: August 8, 2025
- Lock-in Expiry: February 12, 2027
Impact Assessment
Market Impact: Medium - Significant equity dilution of 1.25 crore shares increases the total share capital. However, shares are locked-in for promoters until 2027, limiting immediate market supply impact.
Operational Impact: Low - Standard listing process with no operational changes for trading members beyond recognizing the new securities for trading.
Impact Justification
Significant equity dilution through preferential allotment to promoters with long lock-in period affects shareholding structure