Description
BSE announces listing of 6,12,667 equity shares of Anand Rayons Limited issued through warrant conversion, effective August 25, 2025.
Summary
BSE has announced the listing of 6,12,667 new equity shares of Anand Rayons Limited (Scrip Code: 542721) effective from Monday, August 25, 2025. These shares were issued through conversion of warrants on a preferential basis to non-promoters.
Key Points
- 6,12,667 equity shares of Rs. 10/- each issued at premium of Rs. 68/-
- Issue price: Rs. 78/- per share
- Allotment date: May 24, 2025
- Trading commencement: August 25, 2025
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 20219055 to 20831721
- ISIN: INE02GA01012
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for warrant conversion.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in period applicable until February 28, 2026
- All 6,12,667 shares subject to lock-in restrictions
Important Dates
- Allotment Date: May 24, 2025
- Trading Commencement: August 25, 2025
- Lock-in Period Ends: February 28, 2026
Impact Assessment
Minimal market impact expected as this is a routine listing of equity shares through warrant conversion. The shares represent additional equity capital for Anand Rayons Limited with a lock-in period ensuring no immediate selling pressure.
Impact Justification
Routine equity listing notification for warrant conversion with minimal market impact