Description
26,61,764 equity shares of Epuja Spiritech Limited listed on BSE with effect from October 27, 2025, issued on preferential basis pursuant to warrant conversion with lock-in until May 30, 2026.
Summary
BSE has approved the listing of 26,61,764 new equity shares of Epuja Spiritech Limited (Scrip Code: 532092) with effect from Monday, October 27, 2025. These shares were issued at a premium of Rs. 2.40 per share to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in restrictions until May 30, 2026.
Key Points
- Company: Epuja Spiritech Limited (Scrip Code: 532092)
- Number of shares listed: 26,61,764 equity shares of Re. 1/- each
- Issue type: Preferential allotment to non-promoters pursuant to warrant conversion
- Issue price: Rs. 3.40/- per share (face value Re. 1/- + premium Rs. 2.40/-)
- Date of allotment: December 18, 2024
- Trading commencement: October 27, 2025
- ISIN: INE807D01030
- Distinctive numbers: 82817279 to 85479042
- Ranking: Pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. This is a standard new securities listing notification.
Compliance Requirements
- Trading members must note the listing of these new securities for trading purposes
- All 26,61,764 shares are subject to mandatory lock-in restrictions
- Shares cannot be transferred or sold until the lock-in period expires
Important Dates
- Allotment Date: December 18, 2024
- Trading Commencement: October 27, 2025 (Monday)
- Lock-in Expiry: May 30, 2026
Impact Assessment
Market Impact: Low - This is a company-specific listing event with minimal broader market impact.
Operational Impact: Trading members should update their systems to reflect the increased share capital of Epuja Spiritech Limited. The lock-in period ensures these shares will not be available for trading until May 30, 2026, limiting immediate liquidity impact.
Investor Impact: Non-promoter warrant holders who converted their warrants will see their holdings reflected in demat accounts but cannot trade these shares for approximately 19 months from the trading commencement date.
Impact Justification
Routine new securities listing for a single company with limited market-wide impact. Affects only specific non-promoter shareholders of Epuja Spiritech Limited.