Description
BSE lists 7.5 lakh new equity shares of Jyoti Structures Ltd. issued through warrant conversion, effective September 11, 2025.
Summary
BSE has approved the listing of 7,50,000 new equity shares of Jyoti Structures Ltd. (Scrip Code: 513250) issued through conversion of warrants on a preferential basis to non-promoters. The shares will commence trading on September 11, 2025.
Key Points
- 7,50,000 equity shares of Rs. 2/- each issued at premium of Rs. 11.20/-
- Shares issued to non-promoters on preferential basis pursuant to warrant conversion
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 1189992805 to 1190742804
- ISIN: INE197A01024
Regulatory Changes
No regulatory changes introduced. Standard listing process for warrant conversion.
Compliance Requirements
- Trading members informed of new securities listing
- Lock-in period compliance required until March 11, 2026
- All 7,50,000 shares subject to lock-in restrictions
Important Dates
- Allotment Date: June 18, 2025
- Trading Commencement: September 11, 2025
- Lock-in Period Ends: March 11, 2026
Impact Assessment
Minimal market impact expected as this represents a routine listing of shares from warrant conversion. The preferential allotment increases the company’s equity base by 7.5 lakh shares at an issue price of Rs. 13.20 per share.
Impact Justification
Routine listing of new shares through warrant conversion with minimal market impact