Description

BSE lists 4,62,70,092 equity shares of Le Travenues Technology Limited issued at Rs. 280 per share to non-promoters on preferential basis, with lock-in until June 11, 2026.

Summary

BSE has announced the listing and permission to trade 4,62,70,092 equity shares of Le Travenues Technology Limited (Scrip Code: 544192) with effect from December 11, 2025. These shares were issued at Rs. 280 per share (face value Re. 1 with premium of Rs. 279) to non-promoters on a preferential basis. The allotment date was November 12, 2025, and all shares are subject to a lock-in period until June 11, 2026.

Key Points

  • 4,62,70,092 equity shares of Re. 1/- each issued on preferential basis
  • Issue price: Rs. 280 per share (Re. 1 face value + Rs. 279 premium)
  • Allotted to non-promoters only
  • Trading commences: December 11, 2025
  • Date of allotment: November 12, 2025
  • Distribution numbers: 390407772 to 436677863
  • ISIN: INE0HV901016
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following SEBI guidelines for preferential allotment.

Compliance Requirements

  • Trading members are informed that these securities are listed and permitted for trading
  • All 4,62,70,092 shares are subject to mandatory lock-in requirements
  • Lock-in period applicable from allotment date until June 11, 2026
  • No trading or transfer of these shares permitted during lock-in period except as per SEBI regulations

Important Dates

  • Allotment Date: November 12, 2025
  • Trading Commencement: December 11, 2025
  • Lock-in Expiry: June 11, 2026
  • Notice Date: December 10, 2025

Impact Assessment

Dilution Impact: The preferential issue of 4.63 crore shares represents a material capital raising event. Existing shareholders will experience dilution in their shareholding percentage, though the exact dilution percentage depends on the pre-issue share capital.

Liquidity: While shares are listed for trading from December 11, 2025, the entire allotment is under lock-in until June 11, 2026. This means zero immediate tradeable float from this issuance, limiting near-term liquidity impact.

Capital Raising: At Rs. 280 per share, Le Travenues Technology raised approximately Rs. 1,295.56 crore through this preferential issue, providing significant capital for business expansion or other corporate purposes.

Market Perception: Preferential allotment to non-promoters at a fixed price may be viewed positively if issued to strategic or institutional investors, potentially signaling confidence in the company’s growth prospects.

Impact Justification

Significant preferential allotment of 4.63 crore shares with 6-month lock-in period. Material dilution event for existing shareholders but routine listing procedure.