Description

YOGI Limited lists 1,09,60,000 equity shares at Rs. 32/- issued on preferential basis pursuant to conversion of warrants, with varying lock-in periods.

Summary

YOGI Limited (Scrip Code: 511702) has listed 1,09,60,000 new equity shares of Rs. 10/- each issued at a premium of Rs. 22/- on a preferential basis pursuant to conversion of warrants. The shares are admitted to trading on BSE with effect from October 30, 2025, and rank pari-passu with existing equity shares.

Key Points

  • Total Shares Listed: 1,09,60,000 equity shares of Rs. 10/- each
  • Issue Price: Rs. 32/- per share (Rs. 10/- face value + Rs. 22/- premium)
  • Allotment Type: Preferential basis to Promoter and Non-Promoter
  • Basis: Conversion of warrants
  • Allotment Date: March 27, 2025
  • Trading Commencement: October 30, 2025
  • ISIN: INE290E01011
  • Distinctive Numbers: 30000001 to 40960000
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the new securities available for trading from October 30, 2025
  • Lock-in restrictions must be observed as per the prescribed schedule
  • The shares are subject to transfer restrictions during the lock-in period

Important Dates

  • Allotment Date: March 27, 2025
  • Trading Commencement: October 30, 2025
  • Lock-in Expiry (45 lakh shares): June 30, 2026
  • Lock-in Expiry (64.6 lakh shares): May 31, 2027

Lock-in Details

Number of SharesDistinctive NumbersLock-in Period Until
64,60,00030000001 to 36460000May 31, 2027
45,00,00036460001 to 40960000June 30, 2026

Impact Assessment

Market Impact: Low. This is a company-specific listing event for YOGI Limited with no broader market implications.

Liquidity Impact: Moderate increase in outstanding shares, though significant portion (approximately 59%) locked in until May 2027. Only 41% of new shares available for trading after June 2026.

Dilution: Existing shareholders will experience dilution from the 1.096 crore new shares, though the preferential nature suggests strategic investors.

Operational Impact: Trading members can execute transactions in these securities from October 30, 2025, subject to lock-in restrictions.

Impact Justification

Routine preferential allotment listing for a single company with standard lock-in provisions, limited market-wide impact