Description
176,666 new equity shares of Anand Rayons Limited listed for trading with effect from August 25, 2025, issued through warrant conversion.
Summary
BSE has approved the listing of 176,666 new equity shares of Anand Rayons Limited (Scrip Code: 542721) effective from Monday, August 25, 2025. These shares were issued at Rs. 78 per share to non-promoters on preferential basis through conversion of warrants.
Key Points
- 176,666 equity shares of Rs. 10 face value issued at premium of Rs. 68
- Issue price: Rs. 78.00 per share
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 20831722 to 21008387
- Date of allotment: June 9, 2025
- ISIN: INE02GA01012
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in period compliance required until February 28, 2026
Important Dates
- Trading commencement: August 25, 2025
- Allotment date: June 9, 2025
- Lock-in period ends: February 28, 2026
Impact Assessment
Minimal market impact expected given the small number of shares (176,666) and routine nature of warrant conversion. The lock-in period until February 2026 ensures these shares cannot be traded immediately, reducing any potential dilution effect.
Impact Justification
Routine listing of small number of shares through warrant conversion with minimal market impact