Description

ASM Technologies Ltd lists 549,698 new equity shares issued at Rs. 470.70 per share on preferential basis pursuant to warrant conversion, effective October 20, 2025.

Summary

BSE has approved the listing of 549,698 new equity shares of ASM Technologies Ltd (Scrip Code: 526433) issued through preferential allotment to promoters and non-promoters pursuant to warrant conversion. The shares will commence trading on Monday, October 20, 2025, and rank pari-passu with existing equity shares.

Key Points

  • Total new shares listed: 549,698 equity shares of Rs. 10/- face value each
  • Issue price: Rs. 470.70 per share (including premium of Rs. 460/-)
  • Allotment date: August 22, 2025
  • Trading commencement date: October 20, 2025
  • Distinction numbers: 14064693 to 14614390
  • ISIN: INE867C01010
  • Basis: Preferential allotment pursuant to warrant conversion
  • 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 effective October 20, 2025
  • Lock-in restrictions apply to allotted shares as per specified timelines

Important Dates

  • Allotment Date: August 22, 2025
  • Trading Commencement: October 20, 2025
  • Lock-in Expiry (396,698 shares - Dist. Nos. 14064693-14461390): April 18, 2027
  • Lock-in Expiry (153,000 shares - Dist. Nos. 14461391-14614390): April 19, 2026

Impact Assessment

Market Impact: Minimal. The issuance represents a small equity dilution through warrant conversion. The staggered lock-in periods (until April 2026 and April 2027) will restrict immediate trading of these shares.

Operational Impact: Trading members should update their systems to reflect the increased share capital and be aware of lock-in restrictions on specific distinction numbers.

Investor Impact: Existing shareholders will experience minor dilution. The preferential allotment to promoters and non-promoters at Rs. 470.70 per share indicates confidence in the company’s valuation at that level.

Impact Justification

Routine listing of new equity shares from warrant conversion with limited market impact due to small issuance size relative to typical trading volumes