Description
CANDOUR TECHTEX LIMITED lists 8,00,000 equity shares of Rs. 10/- each issued at Rs. 83.70/- premium to Non-Promoters through warrant conversion, effective September 11, 2025.
Summary
CANDOUR TECHTEX LIMITED (Scrip Code: 522292) has listed 8,00,000 new equity shares of Rs. 10/- each, issued at a premium of Rs. 73.70/- (total issue price Rs. 83.70/-) to Non-Promoters on preferential basis through warrant conversion. Trading begins September 11, 2025.
Key Points
- 8,00,000 equity shares of Rs. 10/- face value each listed
- Issue price: Rs. 83.70/- per share (including Rs. 73.70/- premium)
- Issued to Non-Promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution Numbers: 17956739 to 18756738
- ISIN: INE713D01055
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- All 8,00,000 shares subject to lock-in until March 31, 2026
- Trading members informed of new security listing
- Shares permitted for trading on BSE exchange
Important Dates
- Allotment Date: May 5, 2025
- Trading Commencement: September 11, 2025 (Thursday)
- Lock-in Period Ends: March 31, 2026
Impact Assessment
Medium impact listing involving substantial share issuance through warrant conversion. The preferential allotment to Non-Promoters and 7-month lock-in period provides market stability. Total value of approximately Rs. 6.7 crores adds to company’s equity base while maintaining existing shareholder rights through pari-passu ranking.
Impact Justification
Standard equity listing from warrant conversion with moderate share count and lock-in provisions