Description
BSE announces listing of 1.25 crore new equity shares of Reliance Infrastructure Ltd issued to promoters on preferential basis.
Summary
BSE has announced the listing of 1,25,00,000 new equity shares of Reliance Infrastructure Ltd (Scrip Code: 500390) effective from Friday, August 8, 2025. These shares were issued to promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 240 per share.
Key Points
- 1.25 crore equity shares of Rs. 10 face value each issued at Rs. 230 premium
- Shares issued to promoters on preferential basis through warrant conversion
- Trading permitted from August 8, 2025
- Shares rank pari-passu with existing equity shares
- Date of allotment: June 18, 2025
- ISIN: INE036A01016
Regulatory Changes
No regulatory changes introduced through this circular.
Compliance Requirements
- Trading members informed of new securities listing
- Lock-in period compliance required for the newly issued shares
- Standard listing and trading procedures to be followed
Important Dates
- Allotment Date: June 18, 2025
- Trading Commencement: August 8, 2025
- Lock-in Period Expires: February 12, 2027
Impact Assessment
The listing increases Reliance Infrastructure’s paid-up capital and provides additional liquidity post lock-in period. The 18-month lock-in period ensures price stability by preventing immediate selling by promoters. This represents a capital infusion of Rs. 300 crores (1.25 crore shares × Rs. 240) into the company.
Impact Justification
Standard equity listing with lock-in period affecting promoter holdings