Description

Master Trust Ltd. (Scrip Code 511768) lists 1.0725 crore equity shares issued on preferential basis pursuant to conversion of warrants, effective November 18, 2025.

Summary

Master Trust Ltd. (Scrip Code: 511768) has listed 1,07,50,000 new equity shares of Rs. 1/- each issued at a premium of Rs. 69/- per share on a preferential basis to promoters pursuant to warrant conversion. The shares will be available for trading on BSE from November 18, 2025, and rank pari-passu with existing equity shares. All shares are subject to lock-in until May 29, 2027.

Key Points

  • 1,07,50,000 equity shares of Rs. 1/- each issued at premium of Rs. 69/- per share
  • Total issue price: Rs. 70/- per share
  • Issued to promoters on preferential basis pursuant to warrant conversion
  • Distribution Numbers: 112266001 to 123016000
  • Date of Allotment: August 5, 2025
  • ISIN: INE677D01037
  • Shares rank pari-passu with existing equity shares
  • All shares subject to complete lock-in

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members must note the listing of new securities
  • Lock-in restrictions must be enforced for all 1,07,50,000 shares until May 29, 2027
  • Standard compliance requirements for preferential allotment to promoters apply

Important Dates

  • Date of Allotment: August 5, 2025
  • Listing/Trading Effective Date: November 18, 2025 (Tuesday)
  • Lock-in Period Ends: May 29, 2027
  • Notice Date: November 17, 2025

Impact Assessment

Market Impact: Low - The shares are issued to promoters on preferential basis with complete lock-in until May 29, 2027, meaning they cannot be traded in the market for approximately 18 months from the listing date. This minimizes immediate market supply impact.

Operational Impact: Minimal - Routine listing process for warrant conversion. Trading members need to update their systems to reflect the new securities and lock-in restrictions.

Shareholding Impact: The preferential allotment to promoters will increase promoter holding in Master Trust Ltd., strengthening promoter stake in the company.

Impact Justification

Routine preferential allotment to promoters with standard lock-in period; limited market impact as shares are locked until May 2027