Description
BSE announces listing of 6,12,667 new equity shares of Anand Rayons Limited issued on preferential basis, trading starts August 25, 2025.
Summary
BSE has announced the listing of 6,12,667 new equity shares of Anand Rayons Limited (Scrip Code: 542721) effective from Monday, August 25, 2025. These shares were issued at a premium to non-promoters on a preferential basis pursuant to warrant conversion.
Key Points
- 6,12,667 equity shares of Rs. 10/- each issued at Rs. 68/- premium
- Issue price: Rs. 78/- per share
- Issued to non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- Trading commences August 25, 2025
- ISIN: INE02GA01012
- Distribution numbers: 20219055 to 20831721
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must note the new securities are available for trading
- Lock-in restrictions apply to all issued shares until February 28, 2026
Important Dates
- Allotment Date: May 24, 2025
- Trading Start Date: August 25, 2025
- Lock-in Period Ends: February 28, 2026
Impact Assessment
Minimal market impact as this is a routine listing of new shares for a single company. The preferential issue represents capital raising activity and increases the company’s equity base by 6,12,667 shares.
Impact Justification
Routine listing of new shares for single company with minimal market impact