Description
BSE announces listing of 2,00,000 equity shares of Dolphin Kitchen Utencils and Appliances Limited issued on preferential basis pursuant to warrant conversion, effective December 11, 2025.
Summary
BSE has approved the listing and trading of 2,00,000 equity shares of Dolphin Kitchen Utencils and Appliances Limited (Scrip Code: 544170) with effect from Thursday, December 11, 2025. These shares were issued at a premium to non-promoters on a preferential basis pursuant to conversion of warrants and will rank pari-passu with existing equity shares.
Key Points
- 2,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 45.50
- Issue price: Rs. 55.50 per share
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Date of allotment: October 15, 2025
- Trading commences: December 11, 2025
- Distinctive Numbers: 12532711 to 12732710
- ISIN: INE0QXT01018
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members are informed to note the listing of these new securities
- Lock-in period applies to all 2,00,000 shares (Dist. Nos. 12532711 to 12732710) until June 15, 2026
Important Dates
- Date of Allotment: October 15, 2025
- Trading Effective Date: December 11, 2025
- Lock-in Period Expiry: June 15, 2026
Impact Assessment
This is a routine listing notice with minimal market impact. The preferential allotment of 2,00,000 shares represents dilution for existing shareholders but the quantum is relatively small. The shares issued to non-promoters are subject to an 8-month lock-in period from the date of allotment, preventing immediate selling pressure. The issue was completed via warrant conversion, indicating planned capital raising executed as per schedule.
Impact Justification
Routine listing of small preferential allotment (2 lakh shares) to non-promoters via warrant conversion with lock-in period