Description
Listing and trading of 72,77,776 equity shares of Mega Nirman & Industries Limited issued on preferential basis pursuant to conversion of warrants, effective October 24, 2025.
Summary
BSE has announced the listing of 72,77,776 new equity shares of Mega Nirman & Industries Limited (Scrip Code: 539767) issued to non-promoters on a preferential basis pursuant to conversion of warrants. The shares will commence trading on the Exchange from Friday, October 24, 2025. All allotted shares are subject to a lock-in period until April 30, 2026.
Key Points
- 72,77,776 equity shares of Rs. 10/- each issued at a premium of Rs. 5/- per share
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Issue price: Rs. 15/- per share
- Shares rank pari-passu with existing equity shares
- Distribution Numbers: 3347501 to 10625276
- Date of Allotment: July 7, 2025
- ISIN: INE216Q01010
- Complete lock-in on all 72,77,776 shares until April 30, 2026
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the listing of new securities for Mega Nirman & Industries Limited
- Lock-in restrictions must be observed for all 72,77,776 shares (Dist. Nos. 3347501 to 10625276) until April 30, 2026
Important Dates
- Date of Allotment: July 7, 2025
- Trading Commencement: October 24, 2025
- Lock-in Period Ends: April 30, 2026
Impact Assessment
This is a routine listing notice with minimal market impact. The preferential allotment represents warrant conversion to non-promoters, adding 72.78 lakh shares to the equity capital. The complete lock-in until April 2026 prevents immediate selling pressure. Trading members should update their systems to reflect the expanded share capital and applicable restrictions on the locked-in shares.
Impact Justification
Routine listing notice for preferential allotment of shares to non-promoters. Limited market impact as shares are locked-in until April 2026.