Description

80,00,000 equity shares of TITAN INTECH LIMITED listed on BSE following conversion of warrants issued on preferential basis to non-promoters.

Summary

BSE has listed 80,00,000 equity shares of TITAN INTECH LIMITED (Scrip Code: 521005) effective November 21, 2025. These shares were issued at a premium to non-promoters on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to a lock-in period until August 20, 2026.

Key Points

  • 80,00,000 equity shares of Rs. 1/- each listed on BSE
  • Shares issued at premium of Rs. 4.50/- (total issue price Rs. 5.50/-)
  • Issued to non-promoters on preferential basis pursuant to warrant conversion
  • Date of allotment: October 13, 2025
  • Trading commences: November 21, 2025
  • Distinctive Numbers: 327603911 to 335603910
  • ISIN: INE807M01031
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

Trading members must note the listing of these new securities for trading purposes effective November 21, 2025.

Important Dates

  • Allotment Date: October 13, 2025
  • Trading Commencement: November 21, 2025
  • Lock-in Expiry: August 20, 2026

Impact Assessment

This listing represents a routine corporate action with limited market impact. The addition of 80 lakh shares increases the equity base of TITAN INTECH LIMITED. All shares are subject to lock-in until August 20, 2026, preventing immediate liquidity impact. The preferential allotment to non-promoters does not dilute promoter holding directly but increases the overall share capital.

Impact Justification

Routine listing of preferential shares following warrant conversion with standard lock-in period, limited impact on broader market