Description

10,00,000 equity shares of Madhuveer Com 18 Network Limited (Scrip Code 531910) issued on preferential basis pursuant to warrant conversion are listed and permitted to trade with effect from December 10, 2025.

Summary

BSE has approved the listing of 10,00,000 equity shares of Madhuveer Com 18 Network Limited (Scrip Code: 531910) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares will commence trading on December 10, 2025. These shares were allotted on August 11, 2025 at an issue price of Rs. 40/- (face value Rs. 10/- plus premium of Rs. 30/-) and are subject to a lock-in period until October 31, 2027.

Key Points

  • Company: Madhuveer Com 18 Network Limited (Scrip Code: 531910)
  • Number of shares: 10,00,000 equity shares of Rs. 10/- each
  • Issue type: Preferential allotment to promoters pursuant to warrant conversion
  • Issue price: Rs. 40/- per share (Rs. 10/- face value + Rs. 30/- premium)
  • Trading commencement date: December 10, 2025
  • Date of allotment: August 11, 2025
  • ISIN: INE312M01016
  • Distinctive numbers: 26502901 to 27502900
  • Ranking: Pari-passu with existing equity shares
  • All 10,00,000 shares are subject to lock-in until October 31, 2027

Regulatory Changes

No regulatory changes announced. This is a routine listing notification for preferential allotment shares.

Compliance Requirements

  • Trading members are informed that these securities are now available for trading from December 10, 2025
  • The shares remain under lock-in until October 31, 2027 and cannot be transferred during this period
  • Madhuveer Com 18 Network Limited must comply with standard listing requirements and disclosure obligations

Important Dates

  • August 11, 2025: Date of allotment
  • December 9, 2025: Notice date
  • December 10, 2025: Trading commencement date
  • October 31, 2027: Lock-in period expiry date

Impact Assessment

Market Impact: Low. This is a routine preferential allotment to promoters with a relatively small issue size of 10 lakh shares. The complete lock-in until October 2027 means these shares will not be available for trading in the near term, minimizing immediate market impact.

Shareholder Impact: The preferential issue to promoters likely increases promoter holding in the company. Existing shareholders should be aware of the dilution, though the impact depends on the company’s existing share capital.

Operational Impact: Minimal. This is an administrative listing notification with no operational changes for trading members beyond awareness of the newly listed securities.

Impact Justification

Routine listing of preferential allotment shares to promoters pursuant to warrant conversion. Limited market impact due to small issue size and lock-in restrictions until October 2027.