Description

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

Summary

BSE has listed 5,49,698 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 (issue price Rs. 470.70/-) to promoters and non-promoters on a preferential basis following conversion of warrants. The shares rank pari-passu with existing equity shares.

Key Points

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

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the new securities are available for trading from October 20, 2025
  • Lock-in provisions apply as per SEBI (ICDR) Regulations

Important Dates

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

Impact Assessment

Market Impact: Minimal. The listing represents a small dilution for ASM Technologies Ltd, with shares subject to lock-in periods that restrict immediate selling pressure.

Liquidity Impact: Limited immediate impact on free float as majority of shares (3.97 lakh) are locked until April 2027, while remaining 1.53 lakh shares are locked until April 2026.

Investor Consideration: Investors should note the preferential allotment nature and substantial lock-in periods indicating promoter/investor confidence.

Impact Justification

Routine listing of equity shares post warrant conversion. Limited dilution (5.5 lakh shares) with lock-in periods in place.