Description
19,962,358 equity shares of Antelopus Selan Energy Ltd listed on BSE effective October 08, 2025, pursuant to composite scheme of arrangement with Antelopus Energy Private Limited.
Summary
BSE has approved the listing of 19,962,358 equity shares of Rs. 10/- each of Antelopus Selan Energy Ltd (formerly known as Selan Exploration Technology Ltd) with Scrip Code 530075. The new securities will be available for trading from Wednesday, October 08, 2025. These shares were issued pursuant to a Composite Scheme of Arrangement between Antelopus Energy Private Limited and Antelopus Selan Energy Ltd.
Key Points
- Total shares listed: 19,962,358 equity shares of Rs. 10/- each
- Scrip Code: 530075
- ISIN: INE818A01017
- Distinctive Numbers: 21274278 to 41236635
- Allotment Date: August 12, 2025
- Trading commencement: October 08, 2025
- Company name changed from Selan Exploration Technology Ltd to Antelopus Selan Energy Ltd
Regulatory Changes
No regulatory framework changes. This is a standard listing notification following a corporate restructuring.
Compliance Requirements
- Trading members are informed to note the new securities for trading purposes
- Updated ISIN and distinctive number range to be recorded in trading systems
- Market participants should update company name records from Selan Exploration Technology Ltd to Antelopus Selan Energy Ltd
Important Dates
- Allotment Date: August 12, 2025
- Trading Effective Date: October 08, 2025
- Circular Date: October 07, 2025
Impact Assessment
The listing of approximately 20 million new shares represents a significant increase in the company’s equity base following the composite scheme of arrangement. This will increase the total tradable shares in the market, potentially affecting liquidity and share price dynamics. The corporate restructuring indicates a strategic consolidation between Antelopus Energy Private Limited and the listed entity. Existing shareholders may experience dilution depending on the scheme ratio. Trading members and investors should review the scheme details to understand the full implications of this corporate action.
Impact Justification
Listing of approximately 20 million new shares following composite scheme of arrangement. Moderate impact on existing shareholders due to share dilution from restructuring.