Description
80,67,176 equity shares of Vishal Fabrics Limited listed on BSE from August 19, 2025 following conversion of warrants.
Summary
Vishal Fabrics Limited (Scrip Code: 538598) has listed 80,67,176 new equity shares on BSE effective August 19, 2025. These shares were issued at Rs. 30.60 per share (Rs. 5 face value plus Rs. 25.60 premium) to non-promoters on preferential basis following conversion of warrants.
Key Points
- 80,67,176 equity shares of Rs. 5 each issued at premium of Rs. 25.60
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 209542828 to 217610003
- ISIN: INE755Q01025
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
Trading members are informed of the new securities available for trading from August 19, 2025.
Important Dates
- Allotment Date: July 8, 2025
- Trading Commencement: August 19, 2025
- Lock-in Period Ends: February 27, 2026
Impact Assessment
Minimal market impact as this is a routine listing following warrant conversion. The shares are subject to lock-in until February 27, 2026, limiting immediate trading volume. Increases the total outstanding shares of Vishal Fabrics Limited.
Impact Justification
Routine listing of shares from warrant conversion with limited market impact