Description
40,000 equity shares of Exhicon Events Media Solutions Limited listed on BSE with effect from August 25, 2025, issued through warrant conversion.
Summary
BSE has approved the listing of 40,000 new equity shares of Exhicon Events Media Solutions Limited (Scrip Code: 543895) effective August 25, 2025. These shares were issued to non-promoters on a preferential basis through conversion of warrants at Rs. 295 per share.
Key Points
- 40,000 equity shares of Rs. 10 face value each
- Issue price: Rs. 295 per share (Rs. 10 face value + Rs. 285 premium)
- Issued to non-promoters on preferential basis
- Shares arise from warrant conversion
- Trading commences August 25, 2025
- ISIN: INE0O8901016
- Distribution numbers: 21538001 to 21578000
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members informed of new securities availability
- Lock-in period compliance required until March 1, 2026
- Shares rank pari-passu with existing equity shares
Important Dates
- Allotment Date: May 12, 2025
- Trading Start Date: August 25, 2025
- Lock-in Expiry: March 1, 2026
Impact Assessment
Minimal market impact expected given the small number of shares (40,000) being listed. The lock-in period until March 2026 prevents immediate trading of these shares, further limiting any potential market volatility. This is a routine corporate action following warrant conversion procedures.
Impact Justification
Routine listing of small number of shares through warrant conversion with minimal market impact