Description
BSE announces listing of 10 lakh equity shares of Oriental Rail Infrastructure Limited issued to promoter on preferential basis with effect from September 10, 2025.
Summary
BSE has approved the listing of 10,00,000 new equity shares of Oriental Rail Infrastructure Limited (Scrip Code: 531859) issued to promoters on a preferential basis pursuant to warrant conversion. The shares will commence trading from September 10, 2025.
Key Points
- 10,00,000 equity shares of Re. 1/- each issued at premium of Rs. 168/-
- Issue price: Rs. 169.00 per share
- Shares issued to promoter on preferential basis through warrant conversion
- Distribution numbers: 66059001 to 67059000
- Date of allotment: July 29, 2025
- ISIN: INE457G01029
Regulatory Changes
No regulatory changes. Standard listing procedure for preferential allotment.
Compliance Requirements
- Trading members are informed of the new securities listing
- Lock-in period compliance required for all 10,00,000 shares
Important Dates
- Allotment Date: July 29, 2025
- Trading Commencement: September 10, 2025
- Lock-in Period End: May 22, 2027
Impact Assessment
Minimal market impact as this is a routine preferential allotment to promoters. The shares carry standard lock-in restrictions and rank pari-passu with existing equity shares. No immediate trading implications beyond normal listing procedures.
Impact Justification
Routine preferential allotment to promoter with standard lock-in period