Description

BSE announces listing of 12,18,000 new equity shares of Novateor Research Laboratories Limited effective August 29, 2025.

Summary

BSE announces the listing of 12,18,000 new equity shares of Novateor Research Laboratories Limited (Scrip Code: 542771) effective from Friday, August 29, 2025. These shares were issued through preferential allotment to promoters and non-promoters pursuant to conversion of warrants.

Key Points

  • 12,18,000 equity shares of Rs. 10/- each issued at premium of Rs. 18/-
  • Issue price: Rs. 28/- per share
  • Allotment date: May 30, 2025
  • Distribution numbers: 4834171 to 6052170
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE08JY01013

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification for new securities.

Compliance Requirements

  • Trading members must note the new securities for trading purposes
  • Lock-in provisions apply as specified in the circular

Important Dates

  • Allotment Date: May 30, 2025
  • Trading Commencement: August 29, 2025
  • Lock-in Expiry:
    • 1,80,000 shares (Dist. Nos. 4834171-5014170): February 28, 2027
    • 10,38,000 shares (Dist. Nos. 5014171-6052170): February 28, 2026

Impact Assessment

Moderate impact on Novateor Research Laboratories Limited as it increases the company’s tradable equity base. The staggered lock-in periods will gradually increase liquidity over the next 2-3 years. Investors should note the additional shares in circulation when assessing market capitalization and trading volumes.

Impact Justification

Routine equity listing with moderate impact on company's tradable securities