Description

BSE notifies listing of 3,82,000 equity shares of Royal Sense Limited issued on preferential basis pursuant to conversion of warrants, effective October 29, 2025.

Summary

BSE has approved the listing of 3,82,000 equity shares of Royal Sense Limited (Scrip Code: 544143) issued to Non-Promoters on a preferential basis pursuant to conversion of warrants. The shares will be available for trading with effect from Wednesday, October 29, 2025. These shares carry a lock-in period until April 30, 2026.

Key Points

  • Total shares listed: 3,82,000 equity shares of Rs. 10/- each
  • Issue price: Rs. 151/- per share (including premium of Rs. 141/-)
  • Issued to Non-Promoters on preferential basis pursuant to warrant conversion
  • Shares rank pari-passu with existing equity shares
  • Distribution Numbers: 4968147 to 5350146
  • ISIN: INE0QQG01019
  • Trading commencement: October 29, 2025

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members should note the new securities in their systems
  • Lock-in restrictions must be enforced as specified
  • Shares cannot be transferred until April 30, 2026

Important Dates

  • April 28, 2025: Allotment date for 68,000 shares (first tranche)
  • May 8, 2025: Allotment date for 3,14,000 shares (second tranche)
  • October 28, 2025: Notice date
  • October 29, 2025: Trading commencement date
  • April 30, 2026: Lock-in expiry date for all 3,82,000 shares

Impact Assessment

Market Impact: Minimal. This is a routine listing notification for a preferential allotment involving conversion of warrants. The number of shares (3.82 lakh) represents a relatively small addition to the company’s equity capital.

Operational Impact: Trading members need to update their systems to reflect the new securities and ensure lock-in restrictions are properly implemented.

Investor Impact: The lock-in period until April 30, 2026 means these shares cannot be traded by the allottees for approximately 6 months from the trading commencement date, reducing immediate supply in the market.

Impact Justification

Routine listing notification for preferential allotment affecting a single company with relatively small number of shares (3.82 lakh shares). Limited market-wide impact.