Description
2.09 crore equity shares of Chartered Logistics Ltd listed on BSE with effect from September 5, 2025, issued through warrant conversion.
Summary
BSE has approved the listing of 2,09,00,000 new equity shares of Chartered Logistics Ltd (Scrip Code: 531977) effective September 5, 2025. These shares were issued at Rs. 7.80 per share (Rs. 1 face value + Rs. 6.80 premium) to non-promoters through conversion of warrants on a preferential basis.
Key Points
- 2,09,00,000 equity shares of Rs. 1 each listed on BSE
- Issue price: Rs. 7.80 per share (face value Rs. 1 + premium Rs. 6.80)
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 99340001 to 120240000
- ISIN: INE558F01026
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for converted warrants.
Compliance Requirements
- Trading members can commence trading these securities from September 5, 2025
- All shares subject to lock-in period until March 8, 2026
Important Dates
- Allotment Date: December 28, 2025
- Trading Commencement: September 5, 2025
- Lock-in Expiry: March 8, 2026
Impact Assessment
Minimal market impact as this represents conversion of existing warrants rather than fresh equity dilution. The preferential allotment to non-promoters may provide some liquidity enhancement post lock-in period expiry.
Impact Justification
Routine equity listing of converted warrants with minimal market impact