Description
Listing and trading commencement of 2.4 million equity shares issued by Kilburn Engineering Ltd on preferential basis pursuant to warrant conversion, effective October 28, 2025.
Summary
BSE has approved the listing of 2,400,000 equity shares of Kilburn Engineering Ltd (Scrip Code: 522101) issued on a preferential basis to non-promoters pursuant to conversion of warrants. The securities will commence trading on Tuesday, October 28, 2025. All shares are subject to lock-in until May 30, 2026.
Key Points
- 2.4 million equity shares of Rs. 10/- each issued at premium of Rs. 156/-
- Issue price: Rs. 166/- per share
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- ISIN: INE338F01015
- Distinguished Numbers: 49037859 to 51437858
- Total lock-in on all shares until May 30, 2026
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the listing of new securities effective October 28, 2025
- All 2.4 million shares are locked-in and cannot be traded until May 30, 2026
- Shares are subject to standard preferential allotment regulations
Important Dates
- Allotment Dates: July 29, 2025, July 31, 2025, and August 5, 2025
- Listing Date: October 28, 2025 (Tuesday)
- Lock-in Period Ends: May 30, 2026
Impact Assessment
This is a routine listing notification with minimal immediate market impact. The preferential allotment increases the paid-up capital of Kilburn Engineering Ltd by 2.4 million shares at Rs. 166/- per share, representing a capital infusion of approximately Rs. 39.84 crores. However, since all shares are locked-in until May 2026, there will be no immediate trading volume or liquidity impact. The shares rank pari-passu with existing equity, so existing shareholders’ rights remain protected.
Impact Justification
Routine listing notification for preferential allotment to non-promoters. Limited market impact as shares are locked-in until May 2026.