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