Description
15,00,000 new equity shares of Oriental Rail Infrastructure Limited listed on BSE with effect from August 19, 2025.
Summary
BSE has listed 15,00,000 new equity shares of Oriental Rail Infrastructure Limited (Scrip Code: 531859) with effect from August 19, 2025. These shares were issued at a premium of Rs. 168/- to promoters on a preferential basis pursuant to conversion of warrants.
Key Points
- 15,00,000 equity shares of Re. 1/- each issued at Rs. 168/- premium
- Issue price: Rs. 169/- per share
- Shares rank pari-passu with existing equity shares
- ISIN: INE457G01029
- Trading permitted from August 19, 2025
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for warrant conversion.
Compliance Requirements
- Trading members can trade these securities from the effective date
- Lock-in period applies until February 28, 2027
Important Dates
- Allotment Date 1: June 27, 2025 (5,00,000 shares)
- Allotment Date 2: July 12, 2025 (10,00,000 shares)
- Trading Start Date: August 19, 2025
- Lock-in Period End: February 28, 2027
Impact Assessment
Minimal market impact as this is a routine preferential allotment to promoters. The shares are subject to lock-in until February 2027, preventing immediate trading by allottees.
Impact Justification
Routine listing of preferential shares with limited market impact