Description

BSE lists 19,962,358 equity shares of Antelopus Selan Energy Ltd (formerly Selan Exploration Technology Ltd) issued under composite scheme of arrangement with Antelopus Energy Private Limited, effective October 08, 2025.

Summary

BSE has listed 19,962,358 new equity shares of Rs. 10/- each of Antelopus Selan Energy Ltd (formerly known as Selan Exploration Technology Ltd) with Scrip Code 530075. These shares were issued pursuant to a Composite Scheme of Arrangement between Antelopus Energy Private Limited and Antelopus Selan Energy Ltd and their respective shareholders and creditors. Trading of these securities is permitted from Wednesday, October 08, 2025.

Key Points

  • Company Name: Antelopus Selan Energy Ltd (formerly Selan Exploration Technology Ltd)
  • Scrip Code: 530075
  • ISIN: INE818A01017
  • Number of Shares Listed: 19,962,358 equity shares of Rs. 10/- each
  • Distinctive Numbers: 21274278 to 41236635
  • Date of Allotment: August 12, 2025
  • Trading Start Date: October 08, 2025
  • Reason for Issuance: Composite Scheme of Arrangement between Antelopus Energy Private Limited and Antelopus Selan Energy Ltd

Regulatory Changes

No regulatory changes. This is a standard listing notification following a corporate restructuring through a composite scheme of arrangement approved by relevant authorities.

Compliance Requirements

  • Trading members of BSE are informed about the new securities listing
  • The new shares are permitted for trading on the Exchange
  • Members should update their systems to reflect the increased share capital and new distinctive numbers

Important Dates

  • Allotment Date: August 12, 2025
  • Notice Date: October 07, 2025
  • Trading Commencement Date: October 08, 2025 (Wednesday)

Impact Assessment

The listing of approximately 20 million new shares represents a substantial increase in the company’s equity capital base following the merger/demerger scheme. This will:

  • Increase the total number of tradable shares in the market
  • Potentially improve liquidity for the stock
  • May cause short-term price volatility as the market absorbs the additional supply
  • Reflects completion of corporate restructuring between Antelopus Energy Private Limited and the listed entity
  • Existing shareholders should note the dilution effect from the new share issuance
  • The distinctive number range (21274278 to 41236635) indicates these are additional shares beyond the existing share capital

Impact Justification

Listing of nearly 20 million shares from corporate restructuring increases share capital significantly, may impact stock liquidity and price. Important for existing shareholders and investors but routine corporate action.