Description
40,000 equity shares of Uravi Defence and Technology Limited listed on BSE with effect from November 27, 2025, issued on preferential basis pursuant to conversion of warrants.
Summary
BSE has listed 40,000 new equity shares of Uravi Defence and Technology Limited (Scrip Code: 543930) effective from November 27, 2025. These shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 330 per share (face value Rs. 10 plus premium of Rs. 320). The shares are subject to lock-in until June 8, 2026.
Key Points
- 40,000 equity shares of Rs. 10 each listed on BSE
- Issued at premium of Rs. 320 per share (total issue price: Rs. 330)
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares ranking pari-passu with existing equity shares
- Trading commences from November 27, 2025
- Date of allotment: September 2, 2025
- ISIN: INE568Z01015
- Distinctive Numbers: 11360001 to 11400000
Regulatory Changes
No regulatory changes. This is a standard listing notification for new securities.
Compliance Requirements
Trading members are informed to note the listing of these new securities for trading purposes. All 40,000 shares are subject to mandatory lock-in restrictions as per applicable regulations.
Important Dates
- Allotment Date: September 2, 2025
- Trading Commencement: November 27, 2025
- Lock-in Expiry: June 8, 2026
- Notice Date: November 26, 2025
Impact Assessment
Minimal market impact expected. This is a small preferential allotment of 40,000 shares issued pursuant to warrant conversion. The shares are subject to lock-in until June 8, 2026, preventing immediate tradability. The issuance represents routine capital raising activity and the shares rank pari-passu with existing equity shares of the company.
Impact Justification
Routine listing of small preferential allotment (40,000 shares) to non-promoters with lock-in period; minimal market impact