Description

Hit Kit Global Solutions Ltd lists 5,00,000 new equity shares of Rs. 2/- each issued to non-promoters on preferential basis pursuant to conversion of warrants, effective October 29, 2025.

Summary

BSE has approved the listing of 5,00,000 new equity shares of Hit Kit Global Solutions Ltd (Scrip Code: 532359) issued on preferential basis to non-promoters pursuant to conversion of warrants. The shares will commence trading from Wednesday, October 29, 2025, and rank pari-passu with existing equity shares.

Key Points

  • 5,00,000 equity shares of Rs. 2/- each issued at par value
  • Issued to non-promoters on preferential basis through warrant conversion
  • Allotment date: July 21, 2025
  • Trading commencement: October 29, 2025
  • Distinctive Numbers: 48400001 to 48900000
  • ISIN: INE309B01023
  • Shares rank pari-passu with existing equity shares
  • All shares subject to lock-in period

Regulatory Changes

No regulatory changes introduced by this circular. This is a standard listing notification following SEBI preferential allotment regulations.

Compliance Requirements

  • Trading members must note the new securities in their systems
  • Lock-in restrictions must be enforced until expiry date
  • Shares cannot be transferred or traded beyond the lock-in period of June 30, 2025 (already expired at time of listing)

Important Dates

  • Allotment Date: July 21, 2025
  • Trading Commencement: October 29, 2025
  • Lock-in Period Expiry: June 30, 2025 (Note: Lock-in period has already expired before trading commencement)

Impact Assessment

Market Impact: Minimal. The issuance represents a small dilution with only 5 lakh shares at Rs. 2 par value (total value Rs. 10 lakhs). The preferential issue to non-promoters through warrant conversion is a routine corporate action.

Liquidity Impact: Negligible increase in tradeable float as the lock-in period mentioned (June 30, 2025) has already passed at the time of listing.

Shareholder Impact: Existing shareholders will experience minor dilution. New shares rank equally with existing shares in all respects including dividend and voting rights.

Impact Justification

Routine listing of preferential shares from warrant conversion. Small issue size (5 lakh shares at Rs. 2 par value) with shares already locked-in until June 30, 2025. Limited market impact expected.