Description

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

Summary

Madhusudan Securities Ltd (Scrip Code: 511000) has listed 68,57,334 new equity shares on BSE, effective December 10, 2025. These shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 18/- per share (Rs. 10/- face value plus Rs. 8/- premium). The shares rank pari-passu with existing equity shares.

Key Points

  • Total shares listed: 68,57,334 equity shares of Rs. 10/- each
  • Issue price: Rs. 18/- per share (including premium of Rs. 8/-)
  • Allotted to: Non-promoters on preferential basis
  • Purpose: Conversion of warrants
  • Date of allotment: October 10, 2025
  • Trading commencement: December 10, 2025
  • ISIN: INE856D01011
  • Distinctive numbers: 14562154 to 21419487
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Market participants are informed of the new listing
  • Lock-in period applies until June 20, 2025 for all 68,57,334 shares (Distinctive numbers: 14562154 to 21419487)

Important Dates

  • Date of Allotment: October 10, 2025
  • Listing and Trading Commencement: December 10, 2025 (Wednesday)
  • Lock-in Period Ends: June 20, 2025

Impact Assessment

This is a routine listing notification with minimal market-wide impact. The listing increases the total equity base of Madhusudan Securities Ltd by 68,57,334 shares. The lock-in period until June 20, 2025 restricts immediate trading of these shares. Impact is localized to the company and its shareholders, with potential dilution effects for existing shareholders. The preferential allotment through warrant conversion represents a capital raising exercise for the company.

Impact Justification

Routine listing notification for preferential allotment shares from warrant conversion. Limited market-wide impact, relevant primarily to company shareholders and potential investors.