Description
BSE announces listing of 1,836,333 equity shares of Anand Rayons Limited issued on preferential basis with lock-in period until February 28, 2026.
Summary
BSE has announced the listing of 1,836,333 equity shares of Anand Rayons Limited (Scrip Code: 542721) effective from Monday, August 25, 2025. These shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants.
Key Points
- 1,836,333 equity shares of Rs. 10 each issued at premium of Rs. 68
- Issue price: Rs. 78 per share
- Allotment date: May 12, 2025
- Trading commences: August 25, 2025
- Distribution numbers: 18382722 to 20219054
- Shares rank pari-passu with existing equity shares
- ISIN: INE02GA01012
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed of the new securities listing and permitted trading effective from the specified date.
Important Dates
- Allotment Date: May 12, 2025
- Trading Commencement: August 25, 2025
- Lock-in Period Ends: February 28, 2026
Impact Assessment
Minimal market impact as this is a routine listing of converted warrants. The lock-in period until February 28, 2026 ensures these shares cannot be traded immediately, preventing dilution concerns for existing shareholders.
Impact Justification
Routine listing of converted warrants with standard lock-in provisions