Description
Venus Pipes & Tubes Limited lists 1,04,000 equity shares issued to promoters on preferential basis pursuant to conversion of warrants, effective November 19, 2025.
Summary
Venus Pipes & Tubes Limited (Scrip Code: 543528) has listed 1,04,000 equity shares on BSE effective November 19, 2025. These shares were issued to promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 1,700 per share (face value Rs. 10, premium Rs. 1,690). The shares rank pari-passu with existing equity shares and are subject to lock-in until May 29, 2027.
Key Points
- 1,04,000 equity shares of Rs. 10 each listed on BSE
- Issued to promoters on preferential basis pursuant to warrant conversion
- Issue price: Rs. 1,700 per share (Rs. 10 face value + Rs. 1,690 premium)
- Trading commences: November 19, 2025
- Distinctive Numbers: 20492111 to 20596110
- Date of allotment: September 5, 2025
- ISIN: INE0JA001018
- Shares rank pari-passu with existing equity shares
- Complete lock-in until May 29, 2027
Regulatory Changes
Not applicable. This is a routine listing announcement.
Compliance Requirements
Trading members are informed that these securities are listed and permitted for trading from November 19, 2025. Members must note the lock-in restrictions applicable to all 1,04,000 shares until May 29, 2027.
Important Dates
- Allotment Date: September 5, 2025
- Trading Commencement: November 19, 2025
- Lock-in Period Ends: May 29, 2027
Impact Assessment
Minimal market impact expected. The preferential allotment of 1.04 lakh shares to promoters represents a standard corporate action following warrant conversion. The extended lock-in period until May 2027 ensures these shares will not impact immediate market liquidity. Trading members can facilitate transactions in these securities from November 19, 2025, subject to lock-in restrictions.
Impact Justification
Routine listing of 1.04 lakh shares from warrant conversion, representing minimal dilution. Shares subject to lock-in until May 2027.