Description
40,000 equity shares of Uravi Defence and Technology Limited issued on preferential basis pursuant to warrant conversion are listed and permitted to trade with effect from November 27, 2025.
Summary
Uravi Defence and Technology Limited (Scrip Code: 543930) has listed 40,000 new equity shares of Rs. 10/- each issued at a premium of Rs. 320/- per share to Non Promoters on a preferential basis pursuant to conversion of warrants. These shares will be available for trading on BSE with effect from Thursday, November 27, 2025. The shares rank pari-passu with existing equity shares and are subject to lock-in restrictions.
Key Points
- 40,000 equity shares of face value Rs. 10/- each listed
- Issue price: Rs. 330/- per share (premium of Rs. 320/-)
- Allotted to Non Promoters on preferential basis
- Issued pursuant to conversion of warrants
- Shares rank pari-passu with existing equity shares
- Distinctive Numbers: 11360001 to 11400000
- ISIN: INE568Z01015
- Scrip Code: 543930
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the listing of these new securities
- Lock-in period must be observed for the allotted shares
- All 40,000 shares (Dist. Nos. 11360001 to 11400000) are locked-in until June 8, 2026
Important Dates
- Date of Allotment: September 2, 2025
- Trading Commencement: November 27, 2025
- Lock-in Period Ends: June 8, 2026
- Notice Date: November 26, 2025
Impact Assessment
This is a routine listing notice with minimal market impact. The preferential allotment represents a small number of shares (40,000) issued to non-promoters through warrant conversion. The locked-in period until June 8, 2026 ensures these shares cannot be traded immediately, preventing any short-term supply pressure. This listing does not materially affect the company’s capital structure or trading dynamics.
Impact Justification
Routine listing of small preferential allotment (40,000 shares) to non-promoters; minimal market impact