Description
985,220 equity shares of Duroply Industries Limited issued at Rs. 203/- pursuant to conversion of warrants will be listed and permitted to trade from November 11, 2025.
Summary
BSE has announced the listing of 9,85,220 equity shares of DUROPLY INDUSTRIES LIMITED (Scrip Code: 516003) issued pursuant to conversion of warrants on a preferential basis to non-promoters. The new securities will be listed and permitted to trade on the Exchange with effect from Tuesday, November 11, 2025.
Key Points
- 9,85,220 equity shares of Rs. 10/- each issued at a premium of Rs. 193/-
- Issue price: Rs. 203/- per share
- Issued to non-promoters on preferential basis pursuant to conversion of warrants
- Distinguished Numbers: 9868704 to 10853923
- Date of allotment: September 25, 2025
- ISIN: INE932D01010
- New shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
Trading members should note the listing of these new securities and ensure proper tracking in their systems.
Important Dates
- Allotment Date: September 25, 2025
- Trading Commencement: November 11, 2025
- Lock-in Period Expiry: May 30, 2026 (for all 9,85,220 shares)
Impact Assessment
This is a routine corporate action involving listing of securities from warrant conversion. The lock-in period until May 30, 2026 applies to all the newly listed shares (Dist. Nos. 9868704 to 10853923). The addition represents dilution to existing shareholders but follows standard preferential allotment procedures. Limited market-wide impact as this affects only one company.
Impact Justification
Routine listing of securities from warrant conversion affecting a single small-cap company with limited market-wide impact