Description
BSE announces listing and trading of 1,08,000 equity shares of Mish Designs Limited issued through conversion of warrants.
Summary
BSE has announced the listing and trading of 1,08,000 equity shares of Mish Designs Limited (Scrip Code: 544015) effective from Thursday, August 28, 2025. These shares were issued at a premium through conversion of warrants on a preferential basis to non-promoters.
Key Points
- 1,08,000 equity shares of Rs. 10/- each issued at premium of Rs. 140/-
- Shares issued to non-promoters on preferential basis pursuant to warrant conversion
- Issue price: Rs. 150.00 per share
- Distribution numbers: 3075001 to 3183000
- Shares rank pari-passu with existing equity shares
- Date of allotment: March 13, 2025
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed that the new securities are listed and permitted to trade on the exchange.
Important Dates
- Allotment Date: March 13, 2025
- Trading Commencement: August 28, 2025
- Lock-in Period: Until February 28, 2026 for all 1,08,000 shares
Impact Assessment
Minimal market impact as this involves a small number of shares from warrant conversion for a single company. The lock-in period until February 2026 ensures these shares will not immediately affect market liquidity.
Impact Justification
Routine listing of small number of shares from warrant conversion with no broader market impact