Description
Simplex Infrastructures Limited lists 865,052 new equity shares issued through preferential allotment via warrant conversion
Summary
BSE has announced the listing of 865,052 new equity shares of Simplex Infrastructures Limited (Scrip Code: 523838) effective from September 3, 2025. These shares were issued to non-promoters on a preferential basis through conversion of warrants at Rs. 289 per share.
Key Points
- 865,052 equity shares of Rs. 2 face value listed
- Issue price: Rs. 289 per share (Rs. 2 face value + Rs. 287 premium)
- Allotment date: July 21, 2025
- Trading commences: September 3, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE059B01024
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
- Lock-in restriction: All 865,052 shares are locked-in until March 15, 2026
- Distribution numbers: 77687295 to 78552346
Important Dates
- July 21, 2025: Date of allotment
- September 3, 2025: Trading commencement
- March 15, 2026: Lock-in period expiry
Impact Assessment
Minimal market impact expected as this is a standard listing of shares from warrant conversion. The shares are subject to lock-in until March 2026, preventing immediate selling pressure. The preferential allotment was to non-promoters at a significant premium.
Impact Justification
Routine listing of new shares from warrant conversion with standard lock-in period