Description
BSE announces listing of 4,10,200 new equity shares of ITCONS E-Solutions Limited issued on preferential basis with lock-in periods.
Summary
BSE announces the listing and trading permission for 4,10,200 new equity shares of ITCONS E-Solutions Limited (Scrip Code: 543806) effective from Tuesday, August 26, 2025. These shares were issued on preferential basis pursuant to conversion of warrants.
Key Points
- 4,10,200 equity shares of Rs. 10/- each issued at premium of Rs. 61/-
- Issue price: Rs. 71/- per share
- Issued to Promoters and Non-Promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 5382527 to 5792726
- ISIN: INE0O6A01019
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
Trading members must note the new securities are available for trading from August 26, 2025 with applicable lock-in restrictions.
Important Dates
- Allotment Date 1: March 29, 2025 (2,16,200 shares)
- Allotment Date 2: April 30, 2025 (1,94,000 shares)
- Trading Start Date: August 26, 2025
- Lock-in periods vary by tranches ending between February 27, 2026 to March 20, 2027
Impact Assessment
Minimal market impact as this is a routine preferential issue listing. The lock-in periods ensure gradual market availability of these shares over the next 1-2 years.
Impact Justification
Routine listing of preferential shares with standard lock-in provisions