Description
108,000 equity shares of Mish Designs Limited listed on BSE from August 28, 2025, following conversion of warrants.
Summary
Mish Designs Limited (Scrip Code: 544015) has listed 108,000 new equity shares on BSE effective August 28, 2025. These shares were issued to non-promoters on preferential basis following conversion of warrants at Rs. 150 per share.
Key Points
- 108,000 equity shares of Rs. 10 each issued at premium of Rs. 140
- Shares issued to non-promoters on preferential basis
- Securities result from conversion of warrants
- Trading commences August 28, 2025
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
Trading members informed of new securities availability for trading.
Important Dates
- Allotment Date: March 13, 2025
- Trading Start: August 28, 2025
- Lock-in Period: Until February 28, 2026
Impact Assessment
Minimal market impact due to small issue size and lock-in restrictions. Shares are locked-in until February 2026, limiting immediate trading volume. Standard preferential allotment procedure with no unusual terms.
Impact Justification
Routine listing of small number of shares with minimal market impact