Description

BSE announces listing of 26,61,764 equity shares of Epuja Spiritech Limited issued on preferential basis pursuant to warrant conversion, effective October 27, 2025.

Summary

BSE has announced the listing of 26,61,764 new equity shares of Epuja Spiritech Limited (Scrip Code: 532092) effective from Monday, October 27, 2025. These shares were issued at a premium of Rs. 2.40 per share (face value Re. 1) to non-promoters on a preferential basis following the conversion of warrants. All shares are subject to a lock-in period until May 30, 2026.

Key Points

  • Company: Epuja Spiritech Limited (Scrip Code: 532092)
  • Number of Shares: 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 (Re. 1 face value + Rs. 2.40 premium)
  • Trading Start Date: October 27, 2025 (Monday)
  • Allotment Date: December 18, 2024
  • ISIN: INE807D01030
  • Distinctive Numbers: 82817279 to 85479042
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following SEBI guidelines for preferential allotment.

Compliance Requirements

  • Trading members must take note of the new securities listed on BSE
  • The newly listed shares are subject to mandatory lock-in restrictions
  • All 26,61,764 shares remain locked-in until May 30, 2026
  • Standard trading rules and settlement procedures apply post lock-in expiry

Important Dates

  • Allotment Date: December 18, 2024
  • Notice Date: October 24, 2025
  • Trading Commencement: October 27, 2025
  • Lock-in Expiry: May 30, 2026

Impact Assessment

Market Impact: Low. This is a routine corporate action involving preferential allotment through warrant conversion. The issuance represents additional equity capital raised by Epuja Spiritech Limited from non-promoter investors.

Liquidity Impact: Minimal immediate impact as all shares are locked-in until May 30, 2026. Post lock-in, approximately 26.62 lakh shares will become available for trading.

Dilution: Existing shareholders will experience dilution based on the company’s pre-issue capital base. The shares rank pari-passu with existing equity, maintaining equal rights.

Investor Consideration: The preferential issue price of Rs. 3.40 per share provides a reference point for valuation. Investors should monitor trading activity post-listing and after lock-in expiry.

Impact Justification

Routine listing notification for preferential allotment via warrant conversion. Limited market impact due to small issuance size and lock-in period until May 2026.