Description
BSE approves listing of 1 million equity shares of Jyoti Structures Ltd issued through preferential allotment at premium pricing.
Summary
BSE has approved the listing and trading of 1 million new equity shares of Jyoti Structures Ltd (Scrip Code: 513250) issued through preferential allotment to non-promoters pursuant to warrant conversion. The shares will commence trading from August 25, 2025.
Key Points
- 1 million equity shares of Rs. 2.00 face value each
- Issued at premium of Rs. 11.20 per share (total issue price Rs. 13.20)
- Allotted to non-promoters on preferential basis
- Shares issued pursuant to conversion of warrants
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 1188992805 to 1189992804
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members informed of new securities availability
- Lock-in period compliance required until February 27, 2026
- Standard listing and trading procedures apply
Important Dates
- Allotment Date: May 28, 2025
- Trading Commencement: August 25, 2025
- Lock-in Expiry: February 27, 2026
Impact Assessment
Minimal market impact as this is a standard listing of preferentially allotted shares. The lock-in period until February 2026 ensures these shares cannot be immediately traded by allottees, providing stability to existing shareholders.
Impact Justification
Standard listing notification with no market-wide implications