Description

BSE announces listing of 12,18,000 equity shares of Novateor Research Laboratories Limited issued through warrant conversion on preferential basis.

Summary

BSE has listed 12,18,000 equity shares of Novateor Research Laboratories Limited (Scrip Code: 542771) issued through conversion of warrants on a preferential basis to promoters and non-promoters. The shares are effective for trading from August 29, 2025.

Key Points

  • 12,18,000 equity shares of Rs. 10/- each issued at Rs. 18/- premium
  • Issue price: Rs. 28/- per share
  • Issued through warrant conversion on preferential basis
  • Distribution numbers: 4834171 to 6052170
  • ISIN: INE08JY01013
  • Allotment date: May 30, 2025

Regulatory Changes

No regulatory changes announced.

Compliance Requirements

Trading members are informed of the new securities listing and trading permissions.

Important Dates

  • Allotment Date: May 30, 2025
  • Trading Effective Date: August 29, 2025
  • Lock-in Period:
    • 1,80,000 shares locked until February 28, 2027
    • 10,38,000 shares locked until February 28, 2026

Impact Assessment

Minimal market impact as this is a routine listing of shares from warrant conversion. The shares rank pari-passu with existing equity shares. Lock-in periods apply to different tranches of shares as specified.

Impact Justification

Routine listing of shares from warrant conversion with minimal market impact