Description
BSE announces listing of 8,00,000 new equity shares of Titan Intech Limited issued through preferential allotment with conversion of warrants.
Summary
BSE has announced the listing of 8,00,000 new equity shares of Titan Intech Limited (Scrip Code: 521005) effective from September 4, 2025. These shares were issued at a premium to non-promoters through preferential allotment pursuant to conversion of warrants.
Key Points
- 8,00,000 equity shares of Rs. 10/- each issued at Rs. 45/- premium
- Issue price: Rs. 55/- per share
- Allotment date: July 31, 2025
- Trading commences: September 4, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE807M01023
- Distinct numbers: 31510392 to 32310391
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed about the new securities listing and permitted trading from the effective date.
Important Dates
- Allotment Date: July 31, 2025
- Trading Commencement: September 4, 2025
- Lock-in Period Expires: April 15, 2026
Impact Assessment
Limited market impact as this involves listing of additional shares for a single company through warrant conversion. The lock-in period until April 2026 restricts immediate trading of these shares.
Impact Justification
Routine listing of additional shares through warrant conversion for a single company with limited market impact