Description
10 lakh equity shares of Oriental Rail Infrastructure Limited listed on BSE from September 10, 2025, issued to promoter through warrant conversion.
Summary
BSE has listed 10,00,000 new equity shares of Oriental Rail Infrastructure Limited (Scrip Code: 531859) effective September 10, 2025. These shares were issued to promoters at Rs. 169 per share through conversion of warrants on a preferential basis.
Key Points
- 10,00,000 equity shares of Re. 1/- each issued at premium of Rs. 168/-
- Shares issued to promoter on preferential basis pursuant to warrant conversion
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 66059001 to 67059000
- ISIN: INE457G01029
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for preferential allotment.
Compliance Requirements
- Trading members can trade these securities from September 10, 2025
- Lock-in period applies to all issued shares until May 22, 2027
Important Dates
- Allotment Date: July 29, 2025
- Trading Commencement: September 10, 2025
- Lock-in Period Ends: May 22, 2027
Impact Assessment
Minimal market impact as this is a routine preferential allotment to promoters with standard lock-in provisions. The shares are locked-in for nearly 2 years, preventing immediate market circulation.
Impact Justification
Routine listing of preferential shares with standard lock-in provisions