Description

BSE announces listing of 4.63 crore equity shares of Le Travenues Technology Limited issued at Rs. 280 per share on preferential basis to non-promoters, effective December 11, 2025.

Summary

BSE has approved the listing and trading of 4,62,70,092 new equity shares of Le Travenues Technology Limited (Scrip Code: 544192) issued on a preferential basis to non-promoters. The shares are issued at Rs. 280 per share (face value Re. 1 with premium of Rs. 279) and will commence trading from December 11, 2025. All newly issued shares are subject to a lock-in period until June 11, 2026.

Key Points

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

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for preferential allotment under existing SEBI regulations.

Compliance Requirements

  • Trading members must note the new securities available for trading from December 11, 2025
  • Lock-in restrictions must be enforced on all 4,62,70,092 shares until June 11, 2026
  • Shares cannot be transferred or sold during the lock-in period except as permitted under SEBI regulations

Important Dates

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

Impact Assessment

Market Impact: Medium - The preferential issue represents a significant capital raise for Le Travenues Technology Limited. The addition of 4.63 crore shares will increase the company’s equity base and may lead to dilution for existing shareholders.

Liquidity Impact: The 6-month lock-in period ensures that these shares will not immediately impact trading liquidity. Post lock-in expiry on June 11, 2026, there may be increased floating stock available for trading.

Investor Consideration: Existing shareholders should assess the dilution impact. The issue to non-promoters at Rs. 280 per share provides a reference price point for valuation. Investors should monitor how the capital raised is deployed by the company.

Impact Justification

Significant preferential allotment increasing share capital by approximately 4.63 crore shares with 6-month lock-in period. Medium impact due to potential dilution for existing shareholders.