Description

22,168 equity shares of Suyog Telematics Limited listed for trading effective August 14, 2025, issued to promoters on preferential basis.

Summary

Suyog Telematics Limited (Scrip Code: 537259) has listed 22,168 new equity shares on BSE effective August 14, 2025. These shares were issued to promoters on a preferential basis pursuant to conversion of warrants at Rs. 570 per share.

Key Points

  • 22,168 equity shares of Rs. 10 each issued at premium of Rs. 560
  • Shares issued to promoters on preferential basis
  • Issue price: Rs. 570 per share
  • Distribution numbers: 11167453 to 11189620
  • ISIN: INE442P01014
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

Trading members are informed of the new securities available for trading.

Important Dates

  • Allotment Date: May 5, 2025
  • Trading Commencement: August 14, 2025
  • Lock-in Period Ends: February 14, 2027

Impact Assessment

Minimal market impact as this involves a small number of shares from warrant conversion. All shares are subject to lock-in until February 2027, preventing immediate trading by promoters.

Impact Justification

Routine listing of small number of shares from warrant conversion with minimal market impact