Description
BSE announces listing of 49,48,537 equity shares of Indian Terrain Fashions Limited issued through conversion of warrants, effective August 12, 2025.
Summary
BSE has announced the listing of 49,48,537 new equity shares of Indian Terrain Fashions Limited (Scrip Code: 533329) effective from August 12, 2025. These shares were issued at a premium to non-promoters through conversion of warrants on a preferential basis.
Key Points
- 49,48,537 equity shares of Rs. 2/- each issued at premium of Rs. 48.52/-
- Shares issued to non-promoters on preferential basis pursuant to warrant conversion
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 45718831 to 50667367
- ISIN: INE611L01021
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for warrant conversion.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in provisions apply to all issued shares
- Standard compliance with preferential allotment regulations
Important Dates
- Allotment Date: May 27, 2025
- Trading Commencement: August 12, 2025
- Lock-in Period Expiry: May 31, 2026
Impact Assessment
Minimal market impact expected. This is a routine listing of shares from warrant conversion with standard lock-in provisions. The shares will increase the company’s equity base but are subject to lock-in until May 2026, limiting immediate trading impact.
Impact Justification
Routine equity listing with standard lock-in provisions