Description
BSE announces listing of 1,08,000 new equity shares of Mish Designs Limited issued through warrant conversion, effective August 25, 2025.
Summary
BSE has announced the listing of 1,08,000 new equity shares of Mish Designs Limited (Scrip Code: 544015) effective from Monday, August 25, 2025. These shares were issued at a premium through conversion of warrants on a preferential basis to non-promoters.
Key Points
- 1,08,000 equity shares of Rs. 10/- each issued at Rs. 140/- premium
- Issue price: Rs. 150/- per share
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 2967001 to 3075000
- ISIN: INE0QI101019
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
Trading members are informed about the new securities listing and trading permissions.
Important Dates
- Allotment Date: January 16, 2025
- Trading Commencement: August 25, 2025
- Lock-in Period Ends: February 28, 2026
Impact Assessment
Minimal market impact as this represents a small preferential issue for warrant conversion. The lock-in period until February 2026 ensures these shares cannot be immediately traded freely.
Impact Justification
Routine listing of small number of shares for mid-cap company