Description

BSE announces listing of 1,836,333 new equity shares of Anand Rayons Limited from warrant conversion, effective August 25, 2025.

Summary

BSE has announced the listing of 1,836,333 new equity shares of Anand Rayons Limited (Scrip Code: 542721) arising from warrant conversion. The shares will be available for trading from Monday, August 25, 2025.

Key Points

  • 1,836,333 equity shares of Rs. 10 face value issued at Rs. 68 premium
  • Shares issued to Non Promoters on preferential basis pursuant to warrant conversion
  • Issue price: Rs. 78 per share
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE02GA01012
  • Distribution numbers: 18382722 to 20219054

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members informed of new share listing
  • Lock-in period compliance required for issued shares

Important Dates

  • Allotment Date: May 12, 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 shares from warrant conversion. The lock-in period until February 2026 ensures no immediate supply pressure on the stock.

Impact Justification

Routine listing of shares from warrant conversion with minimal market impact