Description
BSE announces listing of 4,00,000 new equity shares of Mudunuru Limited issued through preferential allotment on conversion of warrants.
Summary
BSE has approved the listing of 4,00,000 new equity shares of Mudunuru Limited (Scrip Code: 538743) issued through preferential allotment to non-promoters pursuant to conversion of warrants. The shares will commence trading on August 13, 2025.
Key Points
- 4,00,000 equity shares of Rs. 2/- each issued at premium of Rs. 10/-
- Shares issued to non-promoters on preferential basis
- Issued pursuant to conversion of warrants
- Shares rank pari-passu with existing equity shares
- ISIN: INE491C01027
- Issue price: Rs. 12.00 per share
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in period applicable until March 14, 2026
- Shares subject to standard trading regulations
Important Dates
- Allotment Date: June 2, 2025
- Trading Commencement: August 13, 2025
- Lock-in Period Ends: March 14, 2026
Impact Assessment
Minimal market impact expected as this represents a small equity dilution through warrant conversion. The preferential allotment to non-promoters may slightly alter the shareholding pattern but is unlikely to significantly affect trading volumes or market dynamics for Mudunuru Limited.
Impact Justification
Routine listing of new shares from warrant conversion with minimal market impact