Description
5,00,000 equity shares of Rs. 2/- each issued at par to Non Promoters on preferential basis pursuant to conversion of warrants, effective October 29, 2025.
Summary
BSE has announced the listing of 5,00,000 new equity shares of Hit Kit Global Solutions Ltd (Scrip Code: 532359) effective from October 29, 2025. These shares were issued at par value of Rs. 2/- each to Non Promoters on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to lock-in restrictions.
Key Points
- 5,00,000 equity shares of Rs. 2/- each listed and permitted to trade
- Issued to Non Promoters on preferential basis through warrant conversion
- Distinctive Numbers: 48400001 to 48900000
- Issue Price: Rs. 2/- per share (at par)
- 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.
Compliance Requirements
- Trading members must note the listing of new securities
- Lock-in restrictions must be observed as specified
Important Dates
- Date of Allotment: July 21, 2025
- Trading Commencement Date: October 29, 2025
- Lock-in Period Ends: June 30, 2025 (Note: This appears to be a date error in the original circular as the lock-in end date precedes the allotment date)
Impact Assessment
This is a routine corporate action with minimal market impact. The listing involves a relatively small number of shares (5,00,000) for a single company. The preferential allotment increases the company’s equity base but represents standard corporate financing activity. Trading members should update their systems to reflect the new distinctive numbers and lock-in restrictions. The impact is limited to investors and trading members dealing with Hit Kit Global Solutions Ltd securities.
Impact Justification
Routine listing of converted warrants for a single company with limited market-wide impact