Description
9 lakh equity shares issued to promoters via warrant conversion listed on BSE effective October 29, 2025, with lock-in until May 31, 2027.
Summary
BSE has listed 9,00,000 new equity shares of Associated Alcohols & Breweries Ltd (Scrip Code: 507526) issued to promoters on a preferential basis pursuant to warrant conversion. The shares are permitted to trade from October 29, 2025, and are subject to lock-in until May 31, 2027.
Key Points
- 9,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 475/-
- Issue price: Rs. 485.00 per share
- Allotment date: September 4, 2025
- Trading commencement: October 29, 2025
- Shares issued to promoters via conversion of warrants on preferential basis
- New shares rank pari-passu with existing equity shares
- ISIN: INE073G01016
- Distinctive Numbers: 18079201 to 18979200
Regulatory Changes
No regulatory changes announced. This is a standard listing notification for new securities.
Compliance Requirements
- Trading members should note the new securities are available for trading from October 29, 2025
- All 9,00,000 shares are subject to lock-in restrictions and cannot be transferred until May 31, 2027
- The shares will trade under the existing scrip code 507526
Important Dates
- Allotment Date: September 4, 2025
- Trading Commencement: October 29, 2025
- Lock-in Expiry: May 31, 2027
Impact Assessment
The listing represents promoter funding through warrant conversion, raising approximately Rs. 43.65 crores. The impact on existing shareholders is minimal as shares are locked-in until 2027, preventing immediate dilution effects on trading float. This preferential allotment strengthens promoter commitment and provides capital to the company without affecting current market liquidity.
Impact Justification
Routine preferential allotment to promoters with standard lock-in; limited impact on existing shareholders and trading volumes given the locked-in nature of shares until 2027.