Description
4,10,200 new equity shares of ITCONS E-Solutions Limited listed for trading from August 26, 2025, issued through preferential allotment with lock-in periods.
Summary
BSE has approved the listing of 4,10,200 new equity shares of ITCONS E-Solutions Limited (Scrip Code: 543806) effective August 26, 2025. These shares were issued at Rs. 71/- per share (Rs. 10 face value + Rs. 61 premium) to promoters and non-promoters 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 through preferential allotment pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- ISIN: INE0O6A01019
- Distribution numbers: 5382527 to 5792726
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must note the new securities available for trading
- Lock-in provisions must be observed as specified
- All trading must comply with existing equity segment rules
Important Dates
- Trading commencement: August 26, 2025
- Allotment dates: March 29, 2025 (2,16,200 shares) and April 30, 2025 (1,94,000 shares)
- Lock-in expiry dates:
- 81,200 shares: March 20, 2027
- 60,000 shares: March 20, 2026
- 75,000 shares: March 20, 2027
- 1,94,000 shares: February 27, 2026
Impact Assessment
Minimal market impact expected as this is a routine listing of securities issued through warrant conversion. The lock-in periods will restrict immediate trading of all shares, providing orderly market introduction. No impact on existing shareholders’ rights as new shares rank pari-passu with existing equity.
Impact Justification
Routine listing of securities through warrant conversion with minimal market impact