Description
4,93,000 equity shares of SERA INVESTMENTS & FINANCE INDIA LIMITED listed for trading from August 20, 2025, issued through warrant conversion.
Summary
BSE has announced the listing of 4,93,000 new equity shares of SERA INVESTMENTS & FINANCE INDIA LIMITED (Scrip Code: 512399) effective from August 20, 2025. These shares were issued at Rs. 13.50 per share to non-promoters through conversion of warrants on a preferential basis.
Key Points
- 4,93,000 equity shares of Rs. 2/- each issued at premium of Rs. 11.50/-
- Issue price: Rs. 13.50 per share
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- ISIN: INE017I01027
- Distinctive numbers: 65000001 to 65493000
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Trading members informed of new securities listing
- Shares subject to lock-in period until March 31, 2026
Important Dates
- Allotment Date: May 8, 2025
- Trading Commencement: August 20, 2025
- Lock-in Period Ends: March 31, 2026
Impact Assessment
Minimal market impact as this is a routine listing of shares from warrant conversion. The lock-in period until March 2026 ensures no immediate selling pressure on the stock.
Impact Justification
Routine listing of shares from warrant conversion with minimal market impact