Description

BSE announces listing of 2,200,000 equity shares of YOGI LIMITED (Scrip Code: 511702) issued to promoters on preferential basis pursuant to warrant conversion, with lock-in until June 30, 2027.

Summary

BSE has approved the listing of 2,200,000 equity shares of YOGI LIMITED (Scrip Code: 511702) effective from October 31, 2025. These shares were issued to promoters on a preferential basis at Rs. 32 per share (face value Rs. 10, premium Rs. 22) pursuant to conversion of warrants allotted on April 7, 2025. The entire allotment is subject to lock-in until June 30, 2027.

Key Points

  • Company: YOGI LIMITED (Scrip Code: 511702)
  • Securities Listed: 2,200,000 equity shares of Rs. 10 each
  • Issue Type: Preferential allotment to promoters via warrant conversion
  • Issue Price: Rs. 32.00 per share (Rs. 10 face value + Rs. 22 premium)
  • Trading Commencement: Friday, October 31, 2025
  • ISIN: INE290E01011
  • Distinctive Numbers: 40960001 to 43160000
  • Ranking: Pari-passu with existing equity shares
  • Complete Lock-in: All 2,200,000 shares locked until June 30, 2027

Regulatory Changes

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

Compliance Requirements

  • Trading Members: Informed that new securities are available for trading from October 31, 2025
  • Market Systems: Updated to reflect new distinctive number range (40960001 to 43160000)
  • Lock-in Enforcement: Trading systems must prevent sale/transfer of these shares until lock-in expiry on June 30, 2027

Important Dates

  • Date of Allotment: April 7, 2025
  • Trading Start Date: October 31, 2025 (Friday)
  • Lock-in Expiry: June 30, 2027

Impact Assessment

Market Impact: Minimal immediate impact as all shares are locked for approximately 20 months. No immediate selling pressure expected.

Shareholding Impact: Increases promoter holding by 2.2 million shares, strengthening promoter stake and demonstrating confidence in the company.

Liquidity Impact: No impact on tradable float until June 2027 due to complete lock-in.

Dilution: Existing shareholders face dilution from preferential issuance, though warrant conversion was likely pre-approved through earlier shareholder resolutions.

Investor Consideration: This represents promoter funding through warrant exercise, generally viewed as positive promoter commitment.

Impact Justification

Routine listing of preferential shares issued to promoters with standard lock-in provisions. Limited market impact as shares are locked until 2027 and represent internal promoter funding through warrant conversion.