Description

BSE announces listing of 4.5 million equity shares of TITAN INTECH LIMITED issued on preferential basis pursuant to conversion of warrants, effective October 28, 2025.

Summary

BSE has listed 4,500,000 equity shares of TITAN INTECH LIMITED (Scrip Code: 521005) with effect from October 28, 2025. These shares were issued at a premium of Rs. 4.50 to Non Promoters on a preferential basis pursuant to conversion of warrants. All shares are subject to lock-in until July 20, 2026.

Key Points

  • 4,500,000 equity shares of face value Rs. 1.00 each listed
  • Issued at premium of Rs. 4.50 per share (total issue price: Rs. 5.50)
  • Shares issued to Non Promoters on preferential basis
  • Issued pursuant to conversion of warrants
  • Distinctive Numbers: 323103911 to 327603910
  • Date of Allotment: September 13, 2025
  • ISIN: INE807M01031
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members are informed of the new securities listing
  • All 4,500,000 shares are subject to lock-in restrictions until July 20, 2026
  • Shares cannot be traded or transferred during the lock-in period

Important Dates

  • Date of Allotment: September 13, 2025
  • Trading Commencement: October 28, 2025
  • Lock-in Expiry: July 20, 2026

Impact Assessment

This is a routine listing notification for a specific company’s preferential allotment. The impact is limited to TITAN INTECH LIMITED shareholders and potential investors. The lock-in period ensures these shares will not be available for trading until July 2026, preventing immediate dilution impact. Market-wide impact is minimal as this affects only one scrip.

Impact Justification

Routine listing of preferential allotment shares for a specific company with lock-in period; limited market-wide impact