Description
30,74,100 equity shares of Rajvi Logitrade Limited listed on BSE with effect from November 28, 2025, issued on preferential basis pursuant to warrant conversion.
Summary
BSE has approved the listing of 30,74,100 equity shares of Rs. 10/- each of Rajvi Logitrade Limited (Scrip Code: 511185), issued at par on a preferential basis pursuant to conversion of warrants. The shares will commence trading from Friday, November 28, 2025, and rank pari-passu with existing equity shares.
Key Points
- Total shares listed: 30,74,100 equity shares of Rs. 10/- each
- Issue price: Rs. 10/- per share (at par)
- Allotment basis: Preferential allotment to Promoter and Non-Promoter pursuant to warrant conversion
- Distribution numbers: 1000001 to 4074100
- Date of allotment: August 29, 2025
- ISIN: INE381N01019
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Lock-in Requirements:
- 15,94,775 shares (Dist. Nos. 1000001-2594775) are locked-in until June 29, 2027
- 14,79,325 shares (Dist. Nos. 2594776-4074100) are locked-in until May 29, 2026
Important Dates
- Date of Allotment: August 29, 2025
- Trading Commencement Date: November 28, 2025
- Lock-in Expiry (Second Tranche): May 29, 2026
- Lock-in Expiry (First Tranche): June 29, 2027
Impact Assessment
This is a routine listing notice with limited market impact. The preferential allotment increases the equity capital of Rajvi Logitrade Limited, with substantial lock-in periods ensuring promoter and non-promoter commitment. The staggered lock-in structure (approximately 51.9% locked until June 2027 and 48.1% locked until May 2026) provides stability to the shareholding pattern. Trading members should note the lock-in restrictions when processing client orders.
Impact Justification
Routine listing notice for preferential allotment to promoter and non-promoter groups with standard lock-in requirements; limited market impact.