Description
176,666 new equity shares of Anand Rayons Limited to be listed on BSE from August 25, 2025 following warrant conversion.
Summary
BSE has announced the listing of 176,666 new equity shares of Anand Rayons Limited (Scrip Code: 542721) effective from Monday, August 25, 2025. These shares were issued through conversion of warrants on a preferential basis to non-promoters.
Key Points
- 176,666 equity shares of Rs. 10/- each issued at premium of Rs. 68/-
- Issue price: Rs. 78.00 per share
- Allotment date: June 9, 2025
- Trading commences: August 25, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE02GA01012
- Distribution numbers: 20831722 to 21008387
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
Trading members are informed of the new securities listing and permitted trading from the effective date.
Important Dates
- Allotment Date: June 9, 2025
- Trading Commencement: August 25, 2025
- Lock-in Period Expires: February 28, 2026
Impact Assessment
Minimal market impact expected given the relatively small number of shares (176,666) being listed. The shares are subject to lock-in restrictions until February 28, 2026, which limits immediate trading volume. This is a routine corporate action with limited broader market implications.
Impact Justification
Routine new securities listing with small number of shares and minimal market impact