Description
BSE lists 1,08,000 new equity shares of Mish Designs Limited issued at Rs. 150/- on preferential basis with lock-in until February 28, 2026.
Summary
BSE has listed 1,08,000 new equity shares of Mish Designs Limited (Scrip Code: 544015) issued through conversion of warrants on a preferential basis to non-promoters at Rs. 150/- per share.
Key Points
- 1,08,000 equity shares of Rs. 10/- face value issued at premium of Rs. 140/-
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Trading commences Monday, August 25, 2025
- Distinguished numbers: 2967001 to 3075000
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members informed of new security listing
- Lock-in period compliance required for issued shares
Important Dates
- Allotment Date: January 16, 2025
- Trading Commencement: August 25, 2025
- Lock-in Period Ends: February 28, 2026
Impact Assessment
Minimal market impact due to small issue size (1.08 lakh shares) and lock-in restrictions. The preferential issue represents capital raising activity for the company with no immediate trading implications due to lock-in provisions.
Impact Justification
Small preferential issue with minimal market impact