Description
7,50,000 equity shares of HB Estate Developers Ltd. listed for trading with effect from September 2, 2025, issued at premium to Non-Promoter on preferential basis.
Summary
HB Estate Developers Ltd. (Scrip Code: 532334) has listed 7,50,000 new equity shares on BSE with effect from September 2, 2025. These shares were issued at a premium of Rs. 55.25 per share to Non-Promoter entities on a preferential basis pursuant to conversion of warrants.
Key Points
- 7,50,000 equity shares of Rs. 10/- each issued at premium of Rs. 55.25/-
- Total issue price: Rs. 65.25 per share
- Shares issued to Non-Promoter on preferential basis
- Issued pursuant to conversion of warrants
- Shares rank pari-passu with existing equity shares
- ISIN: INE640B01021
- Distribution Numbers: 55551869 to 56301868
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed of the new securities listing and permitted trading from the effective date.
Important Dates
- Allotment Date: July 15, 2025
- Trading Commencement: September 2, 2025
- Lock-in Period Expiry: March 14, 2026
Impact Assessment
Limited market impact as this involves listing of additional shares for a single company. The lock-in period until March 2026 restricts immediate trading of these shares, minimizing short-term supply pressure.
Impact Justification
Routine listing of additional shares for single company with limited market impact