Description

ASM Technologies Ltd lists 12,57,406 equity shares issued on preferential basis pursuant to warrant conversion, effective August 25, 2025.

Summary

ASM Technologies Ltd (Scrip Code: 526433) has listed 12,57,406 new equity shares of Rs. 10/- each issued at a premium of Rs. 460.70/- to promoters and non-promoters on preferential basis pursuant to warrant conversion. The shares will commence trading on BSE from Monday, August 25, 2025.

Key Points

  • Total shares issued: 12,57,406 equity shares of Rs. 10/- each
  • Issue price: Rs. 470.70/- per share (Rs. 10/- face value + Rs. 460.70/- premium)
  • Issued to both promoters and non-promoters on preferential basis
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE867C01010
  • Trading commences: August 25, 2025

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members informed of new securities listing
  • Shares subject to lock-in periods as specified
  • Normal trading and settlement procedures apply

Important Dates

  • Allotment Dates:
    • March 29, 2025: 1,02,855 shares (Dist. Nos. 11800001-11902855)
    • April 29, 2025: 8,00,000 shares (Dist. Nos. 11902856-12702855)
    • May 18, 2025: 3,54,551 shares (Dist. Nos. 12702856-13057406)
  • Trading Commencement: August 25, 2025
  • Lock-in Expiry:
    • February 28, 2026: 8,00,000 shares
    • February 28, 2027: 4,57,406 shares (1,02,855 + 3,54,551)

Impact Assessment

The preferential issue represents significant equity dilution with 12.57 lakh new shares at a substantial premium. The staggered lock-in periods indicate different investor categories, with majority shares locked until February 2027. This could impact stock liquidity and price discovery in the near term, while the premium pricing suggests positive investor sentiment towards the company’s prospects.

Impact Justification

Significant equity dilution through preferential issue affects existing shareholders and market dynamics