Description
7.5 million equity shares of Vishal Fabrics Limited listed on BSE with effect from August 25, 2025, issued through conversion of warrants.
Summary
BSE has announced the listing of 7.5 million new equity shares of Vishal Fabrics Limited (Scrip Code: 538598) with effect from Monday, August 25, 2025. These shares were issued at Rs. 30.60 per share to non-promoters on a preferential basis through conversion of warrants.
Key Points
- 7,500,000 equity shares of Rs. 5.00 each issued at premium of Rs. 25.60
- Issue price: Rs. 30.60 per share
- Allotment date: July 15, 2025
- Trading commencement: August 25, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE755Q01025
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members informed of new securities listing
- Lock-in period compliance required for all 7.5 million shares
- Shares subject to standard listing regulations
Important Dates
- Allotment Date: July 15, 2025
- Trading Start Date: August 25, 2025
- Lock-in Period Ends: March 14, 2026
Impact Assessment
Minimal market impact expected as this is a routine listing of shares through warrant conversion. The lock-in period until March 2026 prevents immediate trading of these shares by allottees. Standard preferential allotment to non-promoters with no significant operational changes for the exchange or market participants.
Impact Justification
Routine listing of shares through warrant conversion with standard lock-in period