Description
856,872 equity shares of Vrundavan Plantation Limited issued at Rs. 51/- on preferential basis pursuant to warrant conversion are listed and permitted to trade from November 18, 2025.
Summary
BSE has announced the listing of 856,872 new equity shares of Vrundavan Plantation Limited (Scrip Code: 544011) with effect from November 18, 2025. These shares were issued at a premium of Rs. 41/- per share (total issue price Rs. 51/-) to Promoter and Non-Promoter on a preferential basis pursuant to conversion of warrants. The allotment was completed on August 1, 2025.
Key Points
- Total shares listed: 856,872 equity shares of Rs. 10/- each
- Issue price: Rs. 51/- per share (face value Rs. 10/- + premium Rs. 41/-)
- Scrip Code: 544011
- ISIN: INE0Q6901013
- Distribution numbers: 5332729 to 6189600
- Date of allotment: August 1, 2025
- Trading commencement: November 18, 2025
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed that the new securities are available for trading on the Exchange. No specific compliance actions required from members.
Important Dates
- Allotment Date: August 1, 2025
- Trading Commencement: November 18, 2025
- Lock-in Expiry Dates:
- 148,800 shares (Dist. Nos. 5332729-5481528): May 31, 2026
- 420,000 shares (Dist. Nos. 5769601-6189600): May 30, 2026
- 288,072 shares (Dist. Nos. 5481529-5769600): May 30, 2027
Lock-in Details
The newly listed shares are subject to lock-in periods as follows:
| Number of Shares | Distribution Numbers | Lock-in Until |
|---|---|---|
| 148,800 | 5332729-5481528 | May 31, 2026 |
| 288,072 | 5481529-5769600 | May 30, 2027 |
| 420,000 | 5769601-6189600 | May 30, 2026 |
Impact Assessment
This is a routine listing notification with minimal market impact. The preferential allotment represents standard corporate action for warrant conversion. The lock-in periods ensure orderly market participation. The shares are available for trading by non-locked-in holders and will contribute to the overall market capitalization of Vrundavan Plantation Limited.
Impact Justification
Routine listing notification for preferential allotment of shares pursuant to warrant conversion. Limited market impact due to small company and standard corporate action.