Description

BSE lists 650,000 equity shares of Athena Global Technologies Limited issued to promoters on preferential basis pursuant to warrant conversion, effective October 28, 2025.

Summary

BSE has announced the listing of 650,000 new equity shares of Athena Global Technologies Limited (Scrip Code: 517429) effective from Tuesday, October 28, 2025. These shares were issued to promoters on a preferential basis pursuant to the conversion of warrants at an issue price of Rs. 87 per share (Rs. 10 face value + Rs. 77 premium). The shares rank pari-passu with existing equity shares and are subject to a lock-in period until April 29, 2027.

Key Points

  • 650,000 equity shares of Rs. 10/- each listed on BSE
  • Issued at a premium of Rs. 77/- (total issue price: Rs. 87/-)
  • Issued to promoters on preferential basis pursuant to warrant conversion
  • Distinctive Numbers: 14061589 to 14711588
  • Date of allotment: August 11, 2025
  • Trading commences: October 28, 2025
  • ISIN: INE576B01019
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members are informed about the new securities available for trading
  • All 650,000 shares are subject to lock-in restrictions until April 29, 2027
  • The shares cannot be transferred or sold before the lock-in expiry date

Important Dates

  • Date of Allotment: August 11, 2025
  • Trading Commencement Date: October 28, 2025
  • Lock-in Period Expiry: April 29, 2027

Impact Assessment

Market Impact: Low - The listing is routine in nature and involves preferential allotment to promoters. The shares are locked in until April 2027, preventing any immediate market circulation or price impact.

Operational Impact: Minimal - Trading members need to update their systems to reflect the increased share capital and new distinctive numbers. The preferential issuance strengthens promoter holding.

Liquidity Impact: None in the near term due to the lock-in period extending until April 2027.

Impact Justification

Routine listing of preferential shares from warrant conversion with minimal market impact due to promoter lock-in until April 2027