Description

Listing of 68,57,334 equity shares of Madhusudan Securities Ltd issued on preferential basis pursuant to conversion of warrants, effective December 10, 2025.

Summary

BSE has announced the listing and trading of new equity shares of Madhusudan Securities Ltd (Scrip Code: 511000) effective December 10, 2025. A total of 68,57,334 equity shares of Rs. 10/- each were issued at a premium of Rs. 8/- to non-promoters on a preferential basis pursuant to conversion of warrants. These shares rank pari-passu with existing equity shares.

Key Points

  • Total shares listed: 68,57,334 equity shares
  • Face value: Rs. 10/- per share
  • Issue price: Rs. 18/- per share (premium of Rs. 8/-)
  • Allotted to: Non-promoters on preferential basis
  • Method: Conversion of warrants
  • Distinctive numbers: 14562154 to 21419487
  • ISIN: INE856D01011
  • Trading commencement: December 10, 2025
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes announced. This is a standard listing notification.

Compliance Requirements

Market participants should note:

  • New shares are available for trading from December 10, 2025
  • All 68,57,334 shares are subject to lock-in until June 20, 2025
  • Trading systems should reflect updated share capital and distinctive number ranges

Important Dates

  • Date of Allotment: October 10, 2025
  • Trading Commencement: December 10, 2025 (Wednesday)
  • Lock-in Expiry: June 20, 2025
  • Notice Date: December 9, 2025

Impact Assessment

Market Impact: Low - This is a company-specific listing event with minimal broader market implications.

Operational Impact: The listing increases the total tradable shares of Madhusudan Securities Ltd, though all new shares remain under lock-in until June 20, 2025. The preferential allotment to non-promoters through warrant conversion represents dilution to existing shareholders but follows standard regulatory procedures. Market participants and investors in this specific scrip should note the updated share capital structure.

Impact Justification

Routine listing notification for preferential allotment to non-promoters pursuant to warrant conversion. Limited market-wide impact, specific to one company.