Description
364,972 new equity shares of Suyog Telematics Limited listed for trading from August 14, 2025, issued through preferential allotment to promoters.
Summary
BSE has announced the listing of 364,972 new equity shares of Suyog Telematics Limited (Scrip Code: 537259) for trading effective August 14, 2025. These shares were issued to promoters on a preferential basis through conversion of warrants at Rs. 570 per share.
Key Points
- 364,972 equity shares of Rs. 10 face value issued at premium of Rs. 560
- Shares rank pari-passu with existing equity shares
- Issue price: Rs. 570 per share
- ISIN: INE442P01014
- Trading commences August 14, 2025
Regulatory Changes
No regulatory changes. This is a routine listing of new securities.
Compliance Requirements
- Trading members can commence trading in these securities from August 14, 2025
- All shares subject to lock-in period until February 28, 2027
Important Dates
- Allotment Date 1: March 29, 2025 (329,884 shares)
- Allotment Date 2: April 15, 2025 (35,088 shares)
- Trading Commencement: August 14, 2025
- Lock-in Period Expiry: February 28, 2027
Impact Assessment
Minimal market impact as this represents a small preferential allotment to promoters. The lock-in period until February 2027 ensures no immediate supply pressure on the stock.
Impact Justification
Routine listing of new shares through warrant conversion with minimal market impact