Description
1.62 crore equity shares of Dilip Buildcon Limited listed for trading from August 20, 2025, issued through preferential allotment via warrant conversion.
Summary
BSE has approved the listing of 1,62,29,862 new equity shares of Dilip Buildcon Limited (Scrip Code: 540047) effective August 20, 2025. These shares were issued at Rs. 328.05 per share to non-promoters through preferential allotment pursuant to warrant conversion.
Key Points
- 1,62,29,862 equity shares of Rs. 10 each issued at premium of Rs. 318.05
- Issue price: Rs. 328.05 per share
- Issued to non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 146214972 to 162444833
- ISIN: INE917M01012
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for preferential allotment shares.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in period compliance required for all shares until February 23, 2026
- Standard settlement and clearing procedures applicable
Important Dates
- Allotment Date: June 13, 2025 (15,390,510 shares) and June 18, 2025 (839,352 shares)
- Trading Commencement: August 20, 2025
- Lock-in Period Ends: February 23, 2026
Impact Assessment
Significant equity dilution of approximately 1.62 crore shares increases the company’s share capital base. The preferential allotment to non-promoters may affect ownership structure and voting patterns. Lock-in period until February 2026 provides temporary stability by preventing immediate selling pressure.
Impact Justification
Significant equity dilution through preferential allotment affecting existing shareholders