Description
865,052 equity shares issued via preferential allotment from warrant conversion to begin trading on September 3, 2025
Summary
BSE has announced the listing of 865,052 new equity shares of Simplex Infrastructures Limited (Scrip Code: 523838) effective September 3, 2025. These shares were issued through preferential allotment to non-promoters via conversion of warrants at Rs. 289 per share.
Key Points
- 865,052 equity shares of Rs. 2 face value listed
- Issue price: Rs. 289 (Rs. 2 face value + Rs. 287 premium)
- Shares issued to non-promoters on preferential basis
- Conversion from warrants to equity shares
- Trading commences: Wednesday, September 3, 2025
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes announced. Standard listing procedure for preferentially allotted shares.
Compliance Requirements
- Trading members to note the new securities are permitted for trading
- Lock-in period applicable until March 15, 2026 for all 865,052 shares
- ISIN remains unchanged: INE059B01024
Important Dates
- Allotment Date: July 21, 2025
- Trading Commencement: September 3, 2025
- Lock-in Period Ends: March 15, 2026
Impact Assessment
Minimal market impact expected as this represents a small increase in equity base through planned warrant conversion. The lock-in period until March 2026 ensures no immediate selling pressure. Trading members should update their systems to reflect the increased share capital.
Impact Justification
Routine listing of new shares from warrant conversion with minimal market impact