Description
8,00,000 equity shares of Titan Intech Limited listed for trading from September 4, 2025, issued through warrant conversion.
Summary
Titan Intech Limited (Scrip Code: 521005) has listed 8,00,000 new equity shares on BSE effective September 4, 2025. These shares were issued at Rs. 55/- per share (face value Rs. 10/- + premium Rs. 45/-) to non-promoters through conversion of warrants on preferential basis.
Key Points
- 8,00,000 equity shares of Rs. 10/- each issued at premium of Rs. 45/-
- Shares issued to non-promoters on preferential basis pursuant to warrant conversion
- Trading permitted from Thursday, September 4, 2025
- New shares rank pari-passu with existing equity shares
- ISIN: INE807M01023
Regulatory Changes
No regulatory changes. Standard listing procedure for additional equity shares.
Compliance Requirements
- Trading members informed of new securities listing
- Lock-in period applicable until April 15, 2026
- Standard trading and settlement procedures apply
Important Dates
- Allotment Date: July 31, 2025
- Trading Commencement: September 4, 2025
- Lock-in Period Ends: April 15, 2026
Impact Assessment
Minimal market impact expected as this represents a small increase in share capital through warrant conversion. The lock-in period until April 2026 ensures these shares cannot be immediately traded, providing stability to existing shareholders.
Impact Justification
Routine listing of additional shares through warrant conversion with minimal market impact