Description
86,66,667 equity shares of Mega Nirman & Industries Limited listed on BSE with effect from November 7, 2025, issued on preferential basis pursuant to conversion of warrants.
Summary
BSE has listed 86,66,667 equity shares of Rs. 10/- each of Mega Nirman & Industries Limited (Scrip Code: 539767) with effect from Friday, November 7, 2025. These shares were issued at a premium of Rs. 5/- to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are ranking pari-passu with existing equity shares.
Key Points
- 86,66,667 equity shares of Rs. 10/- each listed
- Issue price: Rs. 15/- per share (Rs. 10 face value + Rs. 5 premium)
- Issued to non-promoters on preferential basis
- Allotment pursuant to conversion of warrants
- Date of allotment: July 25, 2025
- Trading commences: November 7, 2025
- ISIN: INE216Q01010
- Distribution numbers: 10625277 to 19291943
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. This is a standard listing notification.
Compliance Requirements
Trading members are informed to note the listing of these securities for trading purposes. Lock-in provisions must be observed as specified.
Important Dates
- Date of Allotment: July 25, 2025
- Trading Commencement: November 7, 2025
- Lock-in Expiry (Batch 1): May 30, 2026 for 49,11,112 shares (Dist. Nos. 10625277 to 15536388)
- Lock-in Expiry (Batch 2): May 29, 2026 for 37,55,555 shares (Dist. Nos. 15536389 to 19291943)
Impact Assessment
Limited market impact. This is a routine listing of preferential allotment shares with lock-in restrictions. The shares issued to non-promoters represent dilution but are subject to lock-in until May 2026. Trading members should note the lock-in details when processing trades in this scrip.
Impact Justification
Routine listing notification for preferential allotment to non-promoters with standard lock-in provisions