Description

BSE lists 2,83,784 equity shares of Vikram Kamat's Hospitality Limited issued on preferential basis pursuant to conversion of warrants, with lock-in until April 29, 2026.

Summary

BSE has listed 2,83,784 new equity shares of Vikram Kamat’s Hospitality Limited (Scrip Code: 539659) effective October 8, 2025. These shares were issued at a premium of Rs. 64/- per share to Non-Promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in until April 29, 2026.

Key Points

  • Company: Vikram Kamat’s Hospitality Limited (Scrip Code: 539659)
  • Number of shares listed: 2,83,784 equity shares of Rs. 10/- each
  • Issue price: Rs. 74/- per share (Rs. 10/- face value + Rs. 64/- premium)
  • Allotment date: August 8, 2025
  • Trading commencement: October 8, 2025
  • ISIN: INE564S01019
  • Distinctive Numbers: 15492082 to 15775865
  • Issued to: Non-Promoters on preferential basis
  • Basis: Conversion of warrants
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a routine listing of securities pursuant to preferential allotment.

Compliance Requirements

  • Trading members are informed that these securities are listed and permitted to trade on the Exchange
  • All 2,83,784 shares (Dist. Nos. 15492082 to 15775865) are subject to lock-in restrictions

Important Dates

  • Allotment Date: August 8, 2025
  • Trading Commencement: October 8, 2025
  • Lock-in Expiry: April 29, 2026
  • Circular Date: October 7, 2025

Impact Assessment

Limited market impact expected. The preferential allotment represents additional equity capital raised by Vikram Kamat’s Hospitality Limited through warrant conversion. All shares are locked-in until April 29, 2026, preventing immediate trading and dilution pressure. The shares rank pari-passu with existing equity, maintaining equal rights for all shareholders. This is a routine corporate action with no immediate trading implications due to the lock-in period.

Impact Justification

Routine listing of preferential allotment shares pursuant to warrant conversion. Limited market impact as shares are locked-in until April 2026.