Description
25,471 equity shares of Borosil Renewables Limited issued at premium to non-promoters on preferential basis pursuant to warrant conversion, listed with effect from December 8, 2025.
Summary
BSE has approved the listing of 25,471 equity shares of Borosil Renewables Limited (Scrip Code: 502219) issued to non-promoters on a preferential basis pursuant to conversion of warrants. The new securities will be available for trading from December 8, 2025, and will rank pari-passu with existing equity shares.
Key Points
- 25,471 equity shares of Rs. 1/- each issued at a premium of Rs. 529/- per share
- Issue price: Rs. 530/- per share
- Allotted to non-promoters on preferential basis
- Shares issued pursuant to conversion of warrants
- Distribution numbers: 138148251 to 138173721
- ISIN: INE666D01022
- 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 listing of these new securities and ensure proper trading mechanisms are in place from the effective date.
Important Dates
- Date of Allotment: September 19, 2025
- Listing Date: December 8, 2025 (Monday)
- Lock-in Period Expiry: June 10, 2026
Impact Assessment
Market Impact: Minimal. The 25,471 shares represent a small addition to the existing equity base of Borosil Renewables Limited.
Operational Impact: Standard listing procedure with no special trading restrictions beyond the regulatory lock-in period until June 10, 2026.
Investor Impact: New shares are locked-in until June 10, 2026, preventing immediate sale by allottees. This provides stability and prevents sudden supply increase in the market.
Impact Justification
Routine listing of small number of shares (25,471) from warrant conversion. Minimal dilution impact on existing shareholders. Standard preferential allotment with regulatory lock-in period.