Description
245,500 new equity shares of VEDAVAAG Systems Limited listed for trading on BSE effective August 29, 2025 following warrant conversion.
Summary
BSE has approved the listing of 245,500 new equity shares of VEDAVAAG Systems Limited (Scrip Code: 533056) for trading effective August 29, 2025. These shares were issued to non-promoters on a preferential basis following conversion of warrants.
Key Points
- 245,500 equity shares of Rs. 10/- each issued at premium of Rs. 53/-
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 23218701 to 23464200
- Allotment date: April 30, 2025
- Issue price: Rs. 63/- per share
- ISIN: INE359B01010
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the new securities are available for trading
- Lock-in restrictions apply to all 245,500 shares until March 19, 2026
Important Dates
- Trading commencement: August 29, 2025
- Allotment date: April 30, 2025
- Lock-in period ends: March 19, 2026
Impact Assessment
Minimal market impact expected due to relatively small number of shares and lock-in restrictions preventing immediate trading of these securities until March 2026.
Impact Justification
Standard equity listing for relatively small number of shares with minimal market impact