Description
61,000 equity shares of Venus Pipes & Tubes Limited listed on BSE from August 11, 2025, issued on preferential basis to promoters.
Summary
BSE has listed 61,000 new equity shares of Venus Pipes & Tubes Limited (Scrip Code: 543528) effective August 11, 2025. These shares were issued to promoters on a preferential basis at Rs. 1700 per share pursuant to conversion of warrants.
Key Points
- 61,000 equity shares of Rs. 10 each issued at premium of Rs. 1690
- Issue price: Rs. 1700 per share
- Allotted to promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 20431111 to 20492110
- Allotment date: June 19, 2025
- Trading commencement: August 11, 2025
Regulatory Changes
No regulatory changes. Standard listing procedure for preferential allotment.
Compliance Requirements
Trading members are informed of the new securities listing and trading permissions.
Important Dates
- Allotment Date: June 19, 2025
- Trading Start Date: August 11, 2025
- Lock-in Period Ends: February 27, 2027
Impact Assessment
Minimal immediate market impact as all 61,000 shares are subject to lock-in until February 27, 2027. The preferential allotment to promoters strengthens their holding without affecting free float for trading.
Impact Justification
Standard preferential allotment to promoters with limited market impact due to lock-in period