Description

5,49,698 equity shares of ASM Technologies Ltd listed on BSE with effect from October 20, 2025, issued on preferential basis pursuant to conversion of warrants.

Summary

BSE has approved the listing of 5,49,698 new equity shares of ASM Technologies Ltd (Scrip Code: 526433) effective from Monday, October 20, 2025. These shares were issued at a premium of Rs. 460/- per share to Promoter and Non-Promoter entities on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares.

Key Points

  • Total New Shares: 5,49,698 equity shares of Rs. 10/- each
  • Issue Price: Rs. 470.70/- per share (including premium of Rs. 460/-)
  • Allotment Date: August 22, 2025
  • Trading Commencement: October 20, 2025
  • ISIN: INE867C01010
  • Distinctive Numbers: 14064693 to 14614390
  • Basis of Issue: Preferential allotment pursuant to warrant conversion
  • Allottees: Promoter and Non-Promoter entities
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a standard listing notification following preferential allotment procedures.

Compliance Requirements

  • Trading members must note the listing of these new securities
  • Lock-in restrictions must be observed as per the schedule below
  • Securities can be traded on the exchange from October 20, 2025, subject to lock-in provisions

Important Dates

  • Allotment Date: August 22, 2025
  • Trading Commencement: October 20, 2025
  • Lock-in Expiry (Batch 1): April 19, 2026 for 1,53,000 shares (Dist. Nos. 14461391-14614390)
  • Lock-in Expiry (Batch 2): April 18, 2027 for 3,96,698 shares (Dist. Nos. 14064693-14461390)

Impact Assessment

Market Impact: Low. The listing of 5,49,698 shares represents a relatively small addition to the company’s equity base. The majority of shares (72.16%) are subject to lock-in until April 2027, while the remaining 27.84% are locked in until April 2026, limiting immediate trading liquidity.

Operational Impact: Minimal impact on existing shareholders. New shares rank pari-passu with existing equity, maintaining equal rights. The staggered lock-in schedule prevents sudden dilution effects on market price.

Investor Consideration: Investors should note the warrant conversion reflects confidence from promoter and non-promoter entities at the issue price of Rs. 470.70 per share.

Impact Justification

Routine listing of new securities following warrant conversion. Limited market impact due to small number of shares relative to typical company size and lock-in restrictions on majority of shares.