Description
Listing and trading approval for 30,74,100 preferential equity shares of Rajvi Logitrade Limited issued pursuant to warrant conversion, effective November 28, 2025.
Summary
BSE has approved the listing and trading of 30,74,100 new equity shares of Rajvi Logitrade Limited (Scrip Code: 511185) effective November 28, 2025. These shares were issued at par value to promoters and non-promoters on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to lock-in periods.
Key Points
- 30,74,100 equity shares of Rs. 10/- each issued at par value
- Issued to promoters and non-promoters on preferential basis
- Shares issued pursuant to warrant conversion
- Allotment date: August 29, 2025
- Trading commencement: November 28, 2025
- ISIN: INE381N01019
- Distribution numbers: 1000001 to 4074100
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. This is a standard listing notification for newly issued securities.
Compliance Requirements
- Trading members must note the new securities for Rajvi Logitrade Limited
- Lock-in restrictions must be observed as per the specified schedule
- Shares cannot be traded freely until lock-in expiry dates
Important Dates
- Allotment Date: August 29, 2025
- Trading Start Date: November 28, 2025
- Lock-in Expiry (15,94,775 shares): June 29, 2027 (Distribution Nos. 1000001-2594775)
- Lock-in Expiry (14,79,325 shares): May 29, 2026 (Distribution Nos. 2594776-4074100)
Impact Assessment
Market Impact: Low - This is a routine listing of preferential shares for a single company. The lock-in restrictions limit immediate market supply.
Operational Impact: Minimal - Standard listing process for trading members. The shares are subject to lock-in periods preventing immediate free trading.
Investor Impact: Company-specific impact only. Existing shareholders should note the dilution from the preferential allotment. New shares represent capital raised through warrant conversion at par value of Rs. 10/-.
Impact Justification
Routine listing of preferential shares for a single company with lock-in restrictions, limited market impact