Description
Autoline Industries Ltd lists 22,00,000 new equity shares at Rs. 102.50 issued to promoters on preferential basis through warrant conversion, with lock-in until July 31, 2027.
Summary
BSE has approved the listing of 22,00,000 new equity shares of Autoline Industries Ltd (Scrip Code: 532797) issued through conversion of warrants on a preferential basis to promoters. The shares will commence trading on November 20, 2025, at an issue price of Rs. 102.50 per share (face value Rs. 10 plus premium of Rs. 92.50). All shares are subject to lock-in until July 31, 2027.
Key Points
- 22,00,000 new equity shares listed with effect from November 20, 2025
- Issued to promoters on preferential basis pursuant to warrant conversion
- Issue price: Rs. 102.50 per share (Rs. 10 face value + Rs. 92.50 premium)
- Distinctive Numbers: 43175402 to 45375401
- ISIN: INE718H01014
- Date of Allotment: June 27, 2025
- Shares rank pari-passu with existing equity shares
- Complete lock-in on all 22,00,000 shares until July 31, 2027
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the listing of new securities effective November 20, 2025
- Lock-in restrictions must be observed for all 22,00,000 shares until July 31, 2027
- Shares cannot be transferred or traded during the lock-in period as per SEBI preferential allotment regulations
Important Dates
- Allotment Date: June 27, 2025
- Trading Commencement: November 20, 2025
- Lock-in End Date: July 31, 2027
Impact Assessment
Market Impact: Minimal. This is a routine preferential allotment to promoters through warrant conversion with no immediate market float impact.
Liquidity Impact: No change to tradable float as all shares are locked-in until July 2027.
Shareholding Impact: Increases promoter holding by 22 lakh shares, strengthening promoter stake in the company.
Capital Structure: Total paid-up equity capital increases with the addition of these shares at Rs. 102.50 per share, raising approximately Rs. 22.55 crores for the company.
Impact Justification
Routine preferential allotment to promoters with standard lock-in period. Limited market impact due to promoter-only issuance and trading restrictions until 2027.