Description
5,631 equity shares of ADVAIT ENERGY TRANSITIONS LIMITED listed on BSE following conversion of warrants issued on preferential basis to non-promoters.
Summary
BSE has listed 5,631 new equity shares of ADVAIT ENERGY TRANSITIONS LIMITED (Scrip Code: 543230) effective from October 13, 2025. These shares were issued at a premium of Rs. 1766/- to non-promoters on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to lock-in until April 30, 2026.
Key Points
- Company: ADVAIT ENERGY TRANSITIONS LIMITED (Scrip Code: 543230)
- Number of shares: 5,631 equity shares of Rs. 10/- each
- Issue price: Rs. 1,776/- (Rs. 10 face value + Rs. 1,766 premium)
- Issuance type: Preferential allotment to non-promoters via warrant conversion
- Distribution numbers: 10929739 to 10935369
- Date of allotment: August 5, 2025
- ISIN: INE0ALI01010
- Trading commencement: October 13, 2025
- Ranking: Pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the listing of new securities for trading operations
- Lock-in restrictions apply to all 5,631 shares (Dist. Nos. 10929739-10935369) until April 30, 2026
- Securities must be traded in compliance with preferential allotment regulations
Important Dates
- Allotment Date: August 5, 2025
- Trading Commencement: October 13, 2025 (Monday)
- Lock-in Expiry: April 30, 2026
- Notice Date: October 10, 2025
Impact Assessment
This is a routine listing notice with minimal market impact. The small volume of 5,631 shares represents a minor addition to the company’s equity base. The preferential allotment to non-promoters via warrant conversion follows standard regulatory procedures. The 18-month lock-in period (from allotment to April 2026) prevents immediate trading of these shares, further limiting any short-term market impact. Trading members should update their systems to reflect the expanded share capital and lock-in restrictions.
Impact Justification
Routine listing notice for small preferential allotment (5,631 shares) with lock-in period; minimal market impact due to small volume.