Description
6,12,667 new equity shares of Anand Rayons Limited listed for trading with effect from August 25, 2025.
Summary
Anand Rayons Limited (Scrip Code: 542721) is listing 6,12,667 new equity shares of Rs. 10/- each on BSE with effect from Monday, August 25, 2025. These shares were issued at a premium of Rs. 68/- to non-promoters on a preferential basis pursuant to conversion of warrants.
Key Points
- 6,12,667 equity shares of Rs. 10/- each being listed
- Issue price: Rs. 78/- (Rs. 10 face value + Rs. 68 premium)
- Issued to non-promoters on preferential basis
- Shares issued pursuant to conversion of warrants
- Distribution numbers: 20219055 to 20831721
- Date of allotment: May 24, 2025
- ISIN: INE02GA01012
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
Trading members are informed of the new securities listing and trading permissions.
Important Dates
- Trading commencement: August 25, 2025
- Allotment date: May 24, 2025
- Lock-in period ends: February 28, 2026
Impact Assessment
Minimal market impact as this is a routine listing of shares from warrant conversion. The lock-in period until February 2026 ensures these shares cannot be traded immediately, providing stability to the stock price.
Impact Justification
Routine listing of new shares from warrant conversion with minimal market impact