Description

Listing of 2,400,000 equity shares of Kilburn Engineering Ltd at Rs. 166/- per share issued on preferential basis pursuant to conversion of warrants, effective October 28, 2025.

Summary

BSE has listed 2,400,000 equity shares of Kilburn Engineering Ltd (Scrip Code: 522101) for trading effective October 28, 2025. These shares were issued at Rs. 166/- per share (face value Rs. 10/- plus premium of Rs. 156/-) to non-promoters on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to lock-in until May 30, 2026.

Key Points

  • 2,400,000 new equity shares listed
  • Face value: Rs. 10/- per share
  • Issue price: Rs. 166/- per share (including premium of Rs. 156/-)
  • Issued to non-promoters on preferential basis
  • Shares issued pursuant to conversion of warrants
  • Distinctive numbers: 49037859 to 51437858
  • ISIN: INE338F01015
  • Trading commences: October 28, 2025

Regulatory Changes

No regulatory changes. This is a standard listing notification following SEBI regulations for preferential allotment and warrant conversion.

Compliance Requirements

  • Trading members should update their systems to reflect the increased share capital of Kilburn Engineering Ltd
  • All 2,400,000 shares are subject to lock-in restrictions and cannot be traded until May 30, 2026
  • Shares rank pari-passu with existing equity shares for all rights including dividends

Important Dates

  • Allotment Dates: July 29, 2025, July 31, 2025, and August 5, 2025
  • Trading Commencement: October 28, 2025
  • Lock-in Expiry: May 30, 2026

Impact Assessment

Market Impact: Low. The listing adds 2,400,000 shares to Kilburn Engineering Ltd’s equity capital. However, immediate market impact is minimal as all newly listed shares are locked-in until May 30, 2026, preventing trading or transfer during this period.

Operational Impact: Minimal operational changes required. Trading members need to note the lock-in restrictions when processing any orders related to these distinctive numbers. The preferential allotment to non-promoters represents capital raising through warrant conversion, which is a routine corporate action.

Impact Justification

Routine listing notification for preferential allotment. Limited market impact as shares are locked-in until May 2026. Affects only specific non-promoter allottees.