Description

856,872 equity shares of Vrundavan Plantation Limited issued at Rs. 51/- per share on preferential basis pursuant to warrant conversion, listed with effect from November 18, 2025.

Summary

BSE has listed 856,872 new equity shares of Vrundavan Plantation Limited (Scrip Code: 544011) with effect from Tuesday, November 18, 2025. These shares were issued at a premium of Rs. 41/- (total issue price Rs. 51/-) to Promoter and Non-Promoter on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares.

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/-)
  • Date of allotment: August 1, 2025
  • Listing effective date: November 18, 2025
  • Distinctive numbers: 5332729 to 6189600
  • ISIN: INE0Q6901013
  • Scrip Code: 544011
  • Issued to: Promoter and Non-Promoter on preferential basis
  • Purpose: Conversion of warrants
  • Ranking: Pari-passu with old equity shares

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification.

Compliance Requirements

Trading members must note the lock-in restrictions on the newly listed shares:

  • 148,800 shares (Dist. Nos. 5332729 to 5481528): Lock-in until May 31, 2026
  • 288,072 shares (Dist. Nos. 5481529 to 5769600): Lock-in until May 30, 2027
  • 420,000 shares (Dist. Nos. 5769601 to 6189600): Lock-in until May 30, 2026

Important Dates

  • August 1, 2025: Date of allotment
  • November 18, 2025: Listing effective date (trading commences)
  • May 31, 2026: Lock-in expiry for 148,800 shares
  • May 30, 2026: Lock-in expiry for 420,000 shares
  • May 30, 2027: Lock-in expiry for 288,072 shares

Impact Assessment

This listing represents a routine corporate action with limited market-wide impact. The addition of 856,872 shares increases the tradable float of Vrundavan Plantation Limited, though a significant portion (100% of issued shares) is subject to lock-in periods ranging from approximately 6 months to 18 months from the listing date. The preferential allotment to promoters and non-promoters via warrant conversion is a standard capital-raising mechanism. Trading members should be aware of the lock-in restrictions when processing orders for this scrip.

Impact Justification

Routine listing of preferentially allotted shares pursuant to warrant conversion for a single company with limited market-wide impact