Description
283,784 equity shares issued at premium of Rs.64/- to non-promoters on preferential basis pursuant to warrant conversion, listed effective October 8, 2025.
Summary
BSE has listed 283,784 new equity shares of Vikram Kamat’s Hospitality Limited (Scrip Code: 539659) effective October 8, 2025. These shares were issued to non-promoters on a preferential basis pursuant to the conversion of warrants at an issue price of Rs.74/- per share (face value Rs.10/- with premium of Rs.64/-). The shares rank pari-passu with existing equity shares.
Key Points
- Number of shares listed: 283,784 equity shares
- Face value: Rs.10/- per share
- Issue price: Rs.74/- per share (premium of Rs.64/-)
- Issue type: Preferential basis to non-promoters
- Basis: Conversion of warrants
- Distribution numbers: 15492082 to 15775865
- ISIN: INE564S01019
- Scrip Code: 539659
- Trading commencement: October 8, 2025
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members must note the listing of these new securities for trading from October 8, 2025.
Important Dates
- Date of Allotment: August 8, 2025
- Trading Commencement: October 8, 2025 (Wednesday)
- Lock-in Period Ends: April 29, 2026
- Notice Date: October 7, 2025
Impact Assessment
Minimal market impact expected. This is a routine preferential allotment through warrant conversion representing approximately 283,784 shares. All shares are subject to lock-in until April 29, 2026, preventing immediate trading by allottees. The shares rank equally with existing equity shares, maintaining uniformity in shareholder rights.
Impact Justification
Routine listing of preferential shares from warrant conversion representing small equity dilution