Description
8,00,000 equity shares of Titan Intech Limited listed for trading with effect from September 4, 2025.
Summary
Titan Intech Limited has listed 8,00,000 new equity shares of Rs. 10/- each issued at a premium of Rs. 45/- to non-promoters on a preferential basis pursuant to conversion of warrants. These shares will be available for trading from September 4, 2025.
Key Points
- 8,00,000 equity shares of Rs. 10/- each listed
- Issued at premium of Rs. 45/- (total issue price Rs. 55/-)
- Issued to non-promoters on preferential basis
- Pursuant to conversion of warrants
- Shares rank pari-passu with existing equity shares
- Scrip Code: 521005
- ISIN: INE807M01023
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
Trading members are informed of the new securities listing and permitted trading.
Important Dates
- Date of Allotment: July 31, 2025
- Trading Commencement: September 4, 2025
- Lock-in Period: Until April 15, 2026
Impact Assessment
Minimal market impact as this represents a relatively small issue size through warrant conversion. The lock-in period until April 2026 prevents immediate selling pressure. Shares rank equally with existing equity shares.
Impact Justification
Routine listing of additional equity shares through warrant conversion with minimal market impact