Description
BSE announces listing of 5,83,905 new equity shares of Borosil Renewables Limited issued through warrant conversion, effective August 14, 2025.
Summary
BSE has announced the listing of 5,83,905 new equity shares of Borosil Renewables Limited (Scrip Code: 502219) effective August 14, 2025. These shares were issued through conversion of warrants on a preferential basis to non-promoters at Rs. 530 per share.
Key Points
- 5,83,905 equity shares of Rs. 1/- each issued at premium of Rs. 529/-
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 137429029 to 138012933
- ISIN: INE666D01022
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed that the new securities are listed and permitted for trading from August 14, 2025.
Important Dates
- Allotment Date: June 9, 2025
- Trading Commencement: August 14, 2025
- Lock-in Period Ends: February 18, 2026
Impact Assessment
Minimal market impact as this represents a routine listing of shares from warrant conversion. The lock-in period until February 2026 means these shares cannot be freely traded immediately, limiting immediate supply impact.
Impact Justification
Routine listing of new shares from warrant conversion with modest share count impact