Description
80,00,000 equity shares of TITAN INTECH LIMITED listed and permitted to trade on BSE with effect from November 21, 2025, issued on preferential basis pursuant to conversion of warrants.
Summary
BSE has informed trading members that 80,00,000 equity shares of TITAN INTECH LIMITED (Scrip Code: 521005) have been listed and are permitted to trade on the exchange with effect from Friday, November 21, 2025. These shares were issued at a premium of Rs. 4.50/- to Non-Promoters on a preferential basis pursuant to conversion of warrants and rank pari-passu with existing equity shares.
Key Points
- 80,00,000 equity shares of Rs. 1/- each issued at premium of Rs. 4.50/-
- Issue price: Rs. 5.50 per share
- Allotted to Non-Promoters on preferential basis
- Issued pursuant to conversion of warrants
- Distinguished numbers: 327603911 to 335603910
- ISIN: INE807M01031
- Shares rank pari-passu with old equity shares
- All shares subject to lock-in until August 20, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification following preferential allotment procedures.
Compliance Requirements
- Trading members must note the listing of new securities
- Lock-in restrictions apply to all 80,00,000 shares until August 20, 2026
- Shares cannot be transferred or traded by allottees during lock-in period
Important Dates
- Date of Allotment: October 13, 2025
- Trading Commencement: November 21, 2025
- Lock-in Period Ends: August 20, 2026
Impact Assessment
Limited impact as this is a routine preferential allotment listing for a single company. The 80 lakh shares represent a capital infusion through warrant conversion. All shares are locked-in until August 2026, preventing immediate trading by allottees. Market participants should note the increased share capital and potential future supply when lock-in expires.
Impact Justification
Routine listing of preferential allotment shares post warrant conversion for a single company with limited market-wide impact