Description

13,39,000 equity shares of Ganesha Ecosphere Limited listed on BSE from October 28, 2025, issued to promoters on preferential basis pursuant to conversion of warrants.

Summary

BSE has approved the listing of 13,39,000 new equity shares of Ganesha Ecosphere Limited (Scrip Code: 514167) effective from October 28, 2025. These shares were issued to promoters on a preferential basis at Rs. 1035 per share (face value Rs. 10 + premium Rs. 1025) pursuant to conversion of warrants. The shares are subject to lock-in until April 30, 2027.

Key Points

  • Company: Ganesha Ecosphere Limited
  • Scrip Code: 514167
  • ISIN: INE845D01014
  • Number of Shares: 13,39,000 equity shares of Rs. 10 each
  • Issue Type: Preferential allotment to promoters (warrant conversion)
  • Issue Price: Rs. 1035 per share (Rs. 10 face value + Rs. 1025 premium)
  • Trading Commencement: October 28, 2025 (Tuesday)
  • Distinctive Numbers: 25456985 to 26795984
  • Date of Allotment: July 17, 2025
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed to update their systems for the new securities
  • The shares are permitted for trading on the exchange from the effective date
  • Lock-in restrictions must be observed until the specified date

Important Dates

  • Allotment Date: July 17, 2025
  • Trading Commencement: October 28, 2025
  • Lock-in Period Ends: April 30, 2027
  • Circular Date: October 27, 2025

Impact Assessment

Market Impact: Low. This is a preferential allotment to promoters with complete lock-in until April 2027, meaning these shares cannot be traded in the open market for approximately 18 months. The allotment represents capital raised from promoters through warrant conversion, typically indicating promoter confidence. No immediate dilution impact on public shareholders as shares are locked-in.

Operational Impact: Minimal operational changes required. Trading members need to acknowledge the new securities in their systems. The shares rank pari-passu with existing equity shares, maintaining uniform shareholder rights.

Impact Justification

Routine listing notice for preferential allotment to promoters with standard lock-in period. Limited market impact as shares are locked-in until April 2027.