Description

BSE announces listing of 2,00,000 new 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 of 2,00,000 new equity shares of Dolphin Kitchen Utencils and Appliances Limited (Scrip Code: 544170) issued on a preferential basis to non-promoters pursuant to conversion of warrants. The shares will be available for trading from December 11, 2025, and are subject to a lock-in period until June 15, 2026.

Key Points

  • 2,00,000 equity shares of face value Rs. 10/- each issued at a premium of Rs. 45.50
  • Issue price: Rs. 55.50 per share
  • Allotment date: October 15, 2025
  • Trading commencement: December 11, 2025
  • Issued to non-promoters on preferential basis pursuant to warrant conversion
  • New shares rank pari-passu with existing equity shares
  • ISIN: INE0QXT01018
  • Distinctive numbers: 12532711 to 12732710
  • All shares subject to lock-in until June 15, 2026

Regulatory Changes

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

Compliance Requirements

  • Trading members should update their systems to reflect the increased share capital
  • Lock-in restrictions must be enforced until June 15, 2026 for all 2,00,000 shares
  • Shares cannot be transferred or traded by allottees during the lock-in period

Important Dates

  • Allotment Date: October 15, 2025
  • Trading Commencement: December 11, 2025
  • Lock-in Expiry: June 15, 2026

Impact Assessment

Minimal market impact expected. The preferential allotment represents a relatively small number of shares issued to non-promoters through warrant conversion. The 8-month lock-in period ensures these shares will not create immediate selling pressure. The issue was priced at Rs. 55.50, indicating confidence from non-promoter investors. The listing is procedural and enhances the company’s equity base marginally.

Impact Justification

Routine listing notification for a small preferential allotment of 2 lakh shares to non-promoters. Limited market impact due to small issue size and lock-in restrictions until June 2026.