Description

BSE announces listing of 12 lakh equity shares of EPUJA SPIRITECH LIMITED issued on preferential basis pursuant to warrant conversion, with lock-in period until May 31, 2026.

Summary

BSE has listed 12,00,000 new equity shares of EPUJA SPIRITECH LIMITED (Scrip Code: 532092) issued to non-promoters on a preferential basis pursuant to warrant conversion. The shares will be available for trading from November 11, 2025, with a lock-in period extending until May 31, 2026.

Key Points

  • 12,00,000 equity shares of Re. 1/- each issued at a premium of Rs. 2.40/-
  • Total issue price: Rs. 3.40/- per share
  • Shares issued to non-promoters on preferential basis through warrant conversion
  • Distinctive numbers: 85479043 to 86679042
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE807D01030
  • Scrip Code: 532092

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members are informed that these securities are permitted for trading from November 11, 2025
  • All 12,00,000 shares are subject to lock-in restrictions until May 31, 2026
  • No transfer or sale of these shares is permitted during the lock-in period

Important Dates

  • Allotment Date 1: April 29, 2025 (6,00,000 shares)
  • Allotment Date 2: May 10, 2025 (6,00,000 shares)
  • Trading Commencement: November 11, 2025
  • Lock-in Expiry: May 31, 2026

Impact Assessment

Market Impact: Minimal. This is a routine preferential allotment affecting only EPUJA SPIRITECH LIMITED with no broader market implications.

Company Impact: The preferential issue raises capital for the company while diluting existing shareholding. The lock-in period ensures commitment from non-promoter investors for approximately 18 months post-allotment.

Investor Impact: Existing shareholders should note the dilution from 12 lakh new shares. The preferential pricing at Rs. 3.40/- provides context for valuation assessment.

Impact Justification

Routine listing of preferential shares through warrant conversion affecting a single company with limited market-wide impact.