Description
245,500 equity shares of VEDAVAAG Systems Limited listed for trading with effect from August 29, 2025, issued through conversion of warrants.
Summary
VEDAVAAG Systems Limited (Scrip Code: 533056) has listed 245,500 new equity shares on BSE with effect from Friday, August 29, 2025. These shares were issued at Rs. 63/- per share (Rs. 10 face value + Rs. 53 premium) to non-promoters through conversion of warrants on a preferential basis.
Key Points
- 245,500 equity shares of Rs. 10/- each issued at premium of Rs. 53/-
- Shares issued to non-promoters on preferential basis pursuant to warrant conversion
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 23218701 to 23464200
- Date of allotment: April 30, 2025
- ISIN: INE359B01010
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
Trading members are informed that these securities are permitted for trading from the effective date.
Important Dates
- Trading Start Date: August 29, 2025
- Allotment Date: April 30, 2025
- Lock-in Period: Until March 19, 2026 for all 245,500 shares
Impact Assessment
Minimal market impact as this represents a small preferential allotment through warrant conversion. The lock-in period until March 2026 ensures these shares cannot be traded immediately, limiting any potential dilution effect on existing shareholders.
Impact Justification
Routine equity listing of converted warrants with minimal market impact