Description
BSE announces listing of 4,93,000 equity shares of SERA INVESTMENTS & FINANCE INDIA LIMITED from warrant conversion, effective August 20, 2025.
Summary
BSE has approved the listing of 4,93,000 equity shares of SERA INVESTMENTS & FINANCE INDIA LIMITED (Scrip Code: 512399) issued through conversion of warrants on a preferential basis to non-promoters. The shares will commence trading on August 20, 2025.
Key Points
- 4,93,000 equity shares of Rs. 2/- each issued at premium of Rs. 11.50/-
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distinguished numbers: 65000001 to 65493000
- Issue price: Rs. 13.50 per share
- ISIN: INE017I01027
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the new securities are available for trading from August 20, 2025
- All shares subject to lock-in period restrictions 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 expected as this is a routine listing of equity shares from warrant conversion. The lock-in period until March 2026 ensures these shares cannot be traded immediately by allottees, providing market stability.
Impact Justification
Routine listing of equity shares from warrant conversion with minimal market impact