Description

104,031 equity shares of Advait Energy Transitions Limited issued on preferential basis pursuant to warrant conversion are listed and permitted to trade from September 8, 2025.

Summary

BSE has approved the listing of 104,031 equity shares of Advait Energy Transitions Limited (Scrip Code: 543230) issued to non-promoters on a preferential basis pursuant to warrant conversion. The shares will commence trading on September 8, 2025, and are subject to lock-in until March 31, 2026.

Key Points

  • 104,031 equity shares of Rs. 10/- each issued at premium of Rs. 1766/-
  • Total issue price: Rs. 1776/- per share
  • Issued to non-promoters on preferential basis
  • Securities issued pursuant to conversion of warrants
  • Shares rank pari-passu with existing equity shares
  • Distinctive Numbers: 10825708 to 10929738
  • ISIN: INE0ALI01010
  • Date of Allotment: July 10, 2025

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members are informed that these new securities are permitted for trading from September 8, 2025
  • All 104,031 shares are subject to mandatory lock-in requirements
  • The shares cannot be transferred or sold until the lock-in period expires

Important Dates

  • Allotment Date: July 10, 2025
  • Trading Commencement: September 8, 2025
  • Lock-in Period Expiry: March 31, 2026

Impact Assessment

This is a routine listing notification with limited market impact. The preferential allotment represents a relatively small issuance to non-promoters through warrant conversion. The lock-in period until March 31, 2026, means these shares will not be available for trading until that date, preventing immediate supply pressure. The listing enables the company to expand its equity base while maintaining stability through the lock-in mechanism. Impact is limited to Advait Energy Transitions Limited shareholders and potential investors.

Impact Justification

Routine listing of new equity shares from warrant conversion affecting single company with relatively small allotment size and lock-in period