Description
BSE listing of 1 million equity shares of Jyoti Structures Ltd at Rs. 13.20 per share issued to non-promoters on preferential basis.
Summary
BSE has listed 1 million new equity shares of Jyoti Structures Ltd (Scrip Code: 513250) issued to non-promoters on a preferential basis pursuant to warrant conversion. The shares will commence trading on August 25, 2025.
Key Points
- 1,000,000 equity shares of Rs. 2.00 face value each
- Issue price: Rs. 13.20 per share (premium of Rs. 11.20)
- Issued to non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 1188992805 to 1189992804
- ISIN: INE197A01024
Regulatory Changes
No regulatory changes. Standard listing procedure for warrant conversion.
Compliance Requirements
- Trading members can trade these securities from August 25, 2025
- Lock-in period applies until February 27, 2026
Important Dates
- Allotment Date: May 28, 2025
- Trading Commencement: August 25, 2025
- Lock-in Period End: February 27, 2026
Impact Assessment
Minimal market impact as this is a routine listing of shares from warrant conversion. The lock-in period until February 2026 ensures gradual market absorption of new shares.
Impact Justification
Routine listing of equity shares from warrant conversion with minimal market impact