Description

52.63 lakh equity shares of Bridge Securities Ltd. listed on BSE with effect from December 1, 2025, issued on preferential basis pursuant to warrant conversion.

Summary

BSE has announced the listing of 52,63,000 new equity shares of Bridge Securities Ltd. (Scrip Code: 530249) with effect from December 1, 2025. These shares were issued at Rs. 5.51/- per share (face value Rs. 1/- plus premium of Rs. 4.51/-) to Non-Promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in until June 10, 2026.

Key Points

  • Company: Bridge Securities Ltd. (Scrip Code: 530249)
  • Number of shares listed: 52,63,000 equity shares of Rs. 1/- each
  • Issue price: Rs. 5.51/- per share (Rs. 1/- face value + Rs. 4.51/- premium)
  • Allotment date: October 10, 2025
  • Trading commencement: December 1, 2025
  • ISIN: INE958C01025
  • Distinctive Numbers: 33613001 to 38876000
  • Issued to: Non-Promoters on preferential basis
  • Purpose: Conversion of warrants
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the listing of new securities effective December 1, 2025
  • All 52,63,000 shares are subject to lock-in restrictions and cannot be transferred until June 10, 2026
  • The new shares will rank pari-passu with existing equity shares of the company

Important Dates

  • Allotment Date: October 10, 2025
  • Trading Commencement: December 1, 2025
  • Lock-in Period Ends: June 10, 2026

Impact Assessment

This is a routine listing announcement with minimal market impact. The issuance represents equity raised through warrant conversion on a preferential basis to non-promoter investors. The 8-month lock-in period (from allotment to June 2026) ensures that these shares will not impact immediate market liquidity. Trading members should update their systems to reflect the increased share capital and new distinctive number range for Bridge Securities Ltd.

Impact Justification

Routine listing of new equity shares from warrant conversion on preferential basis. Limited market impact as shares are locked-in until June 2026.