Description
BSE announces listing of 4,93,000 new equity shares of SERA INVESTMENTS & FINANCE INDIA LIMITED issued through warrant conversion, effective August 20, 2025.
Summary
BSE has announced the listing of 4,93,000 new equity shares of SERA INVESTMENTS & FINANCE INDIA LIMITED (Scrip Code: 512399) effective from Wednesday, August 20, 2025. These shares were issued through conversion of warrants on a preferential basis to non-promoters.
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
- Distinguished numbers: 65000001 to 65493000
- ISIN: INE017I01027
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
Trading members are informed of the new securities listing and permitted trading.
Important Dates
- Allotment Date: May 8, 2025
- Trading Commencement: August 20, 2025
- Lock-in Period: Until March 31, 2026
Impact Assessment
Minimal market impact as this represents a small preferential issue through warrant conversion. The shares are subject to lock-in until March 31, 2026, limiting immediate trading activity.
Impact Justification
Routine listing of small number of shares through warrant conversion with minimal market impact