Description
BSE announces listing of 2,60,000 new equity shares of Uravi Defence and Technology Limited issued on preferential basis with effect from August 25, 2025.
Summary
BSE has announced the listing of 2,60,000 new equity shares of Uravi Defence and Technology Limited (Scrip Code: 543930) with effect from Monday, August 25, 2025. These shares were issued at a premium of Rs. 320/- to non-promoters on a preferential basis pursuant to conversion of warrants.
Key Points
- 2,60,000 equity shares of Rs. 10/- each issued at premium of Rs. 320/-
- Issue price: Rs. 330/- per share
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 11000001 to 11260000
- ISIN: INE568Z01015
- Trading commences August 25, 2025
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for new securities issued through warrant conversion.
Compliance Requirements
- Trading members must update their systems for the new securities
- Lock-in provisions must be enforced as specified
- Standard trading and settlement procedures apply
Important Dates
- August 25, 2025: Trading commencement date
- February 18, 2025: Allotment of 1,40,000 shares
- February 19, 2025: Allotment of 60,000 shares
- March 4, 2025: Allotment of 60,000 shares
- February 25-26, 2026: Various lock-in expiry dates
Impact Assessment
Medium impact as this increases the tradable float of Uravi Defence and Technology Limited by 2,60,000 shares. The lock-in periods ensure gradual release of shares into the market, minimizing immediate supply pressure. Standard procedural listing with no significant market disruption expected.
Impact Justification
Standard listing of new securities through warrant conversion with specific lock-in periods