Description

2,835,150 equity shares of RIR Power Electronics Limited listed on BSE effective November 3, 2025, issued on preferential basis pursuant to conversion of warrants.

Summary

BSE has listed 2,835,150 new equity shares of RIR Power Electronics Limited (Scrip Code: 517035) effective from Monday, November 3, 2025. These shares were issued at Rs. 855/- per share (face value Rs. 2/- with premium of Rs. 853/-) to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in until May 30, 2026.

Key Points

  • Company: RIR Power Electronics Limited (Scrip Code: 517035)
  • Number of shares listed: 2,835,150 equity shares
  • Face value: Rs. 2/- per share
  • Issue price: Rs. 855/- per share (premium of Rs. 853/-)
  • Allotment type: Preferential basis to non-promoters
  • Basis: Conversion of warrants
  • Distribution numbers: 76737251 to 79572400
  • Date of allotment: September 12, 2025
  • ISIN: INE302D01024
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members are informed of the new securities listing
  • All 2,835,150 shares are subject to lock-in restrictions until May 30, 2026
  • Shares cannot be transferred or traded during the lock-in period

Important Dates

  • Date of Allotment: September 12, 2025
  • Trading Effective Date: November 3, 2025 (Monday)
  • Lock-in Period Expiry: May 30, 2026

Impact Assessment

This is a routine listing notice with minimal market impact. The preferential allotment increases the equity base of RIR Power Electronics Limited by 2,835,150 shares issued to non-promoters through warrant conversion. The lock-in period until May 30, 2026 ensures these shares will not immediately impact trading liquidity. The shares rank pari-passu with existing equity, maintaining equal rights for all shareholders. This represents standard corporate action for fundraising through the warrant conversion route.

Impact Justification

Routine listing notice for preferential allotment to non-promoters with standard lock-in period; limited market-wide impact