Description

NIBE LIMITED lists 204,705 equity shares issued to promoters on preferential basis pursuant to warrant conversion, effective August 25, 2025.

Summary

NIBE LIMITED (Scrip Code: 535136) has listed 204,705 equity shares of Rs. 10 each issued at a premium of Rs. 500 to promoters on a preferential basis pursuant to conversion of warrants. Trading commences on August 25, 2025.

Key Points

  • 204,705 equity shares of Rs. 10 each issued at premium of Rs. 500
  • Issued to promoters on preferential basis pursuant to warrant conversion
  • Shares rank pari-passu with existing equity shares
  • Distribution numbers: 14296569 to 14501273
  • ISIN: INE149O01018

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members can commence trading from August 25, 2025
  • Lock-in period applies until February 24, 2027

Important Dates

  • Allotment Date: April 26, 2025
  • Trading Commencement: August 25, 2025
  • Lock-in Period Ends: February 24, 2027

Impact Assessment

Minimal market impact as this is a routine listing of shares from warrant conversion. The lock-in period until February 2027 ensures these shares cannot be traded immediately, limiting supply pressure on the stock.

Impact Justification

Routine listing of shares from warrant conversion with limited market impact