Description

20,90,000 new equity shares of Arihant Superstructures Limited issued on preferential basis pursuant to warrant conversion listed and permitted to trade from October 27, 2025.

Summary

BSE has announced the listing of 20,90,000 new equity shares of Arihant Superstructures Limited (Scrip Code: 506194) effective from Monday, October 27, 2025. These shares were issued at a premium to Non-Promoters on a preferential basis pursuant to the conversion of warrants. The shares are subject to a lock-in period until April 29, 2026.

Key Points

  • 20,90,000 equity shares of Rs. 10/- each issued at a premium of Rs. 170.07/-
  • Issue price: Rs. 180.07 per share
  • Issued to Non-Promoters on preferential basis pursuant to warrant conversion
  • Distribution Numbers: 41159992 to 43249991
  • Date of Allotment: June 14, 2025
  • Trading commencement date: October 27, 2025
  • ISIN: INE643K01018
  • New shares rank pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

Trading members are informed of the new securities and should update their systems accordingly. All 20,90,000 shares are subject to lock-in restrictions and cannot be traded until the lock-in period expires.

Important Dates

  • Allotment Date: June 14, 2025
  • Trading Commencement: October 27, 2025
  • Lock-in Period Expires: April 29, 2026

Impact Assessment

The listing adds 20,90,000 shares to the tradable securities of Arihant Superstructures Limited, representing capital raised through warrant conversion. However, the immediate market impact is minimal as all newly listed shares are locked-in until April 29, 2026. The preferential allotment to Non-Promoters indicates fundraising activity but will not affect trading volumes or liquidity until the lock-in period ends. The shares carry pari-passu rights with existing equity shares.

Impact Justification

Routine listing of preferential shares with lock-in period; limited immediate market impact as shares are subject to lock-in until April 2026.