Description
BSE announces listing of 204,705 new equity shares of NIBE LIMITED issued through warrant conversion, effective August 25, 2025.
Summary
BSE has announced the listing of 204,705 new equity shares of NIBE LIMITED (Scrip Code: 535136) effective from Monday, August 25, 2025. These shares were issued to promoters on a preferential basis through conversion of warrants at Rs. 510 per share.
Key Points
- 204,705 equity shares of Rs. 10 face value issued at Rs. 500 premium
- Shares issued to promoters through warrant conversion
- Issue price: Rs. 510 per share
- Allotment date: April 26, 2025
- Distribution numbers: 14296569 to 14501273
- ISIN: INE149O01018
Regulatory Changes
No regulatory changes - standard listing procedure for warrant conversion.
Compliance Requirements
- Trading members are informed of the new securities listing
- Shares subject to lock-in period until February 24, 2027
- New shares rank pari-passu with existing equity shares
Important Dates
- Trading commencement: August 25, 2025
- Allotment date: April 26, 2025
- Lock-in expiry: February 24, 2027
Impact Assessment
Minimal market impact expected as this is a routine preferential allotment to promoters through warrant conversion. The shares are subject to a lock-in period of approximately 1.5 years, preventing immediate trading by allottees.
Impact Justification
Routine listing of preferential shares through warrant conversion with limited market impact