Description

Listing and trading permission for 8,515,000 equity shares issued on preferential basis pursuant to conversion of warrants, effective December 16, 2025.

Summary

BSE has approved the listing of 8,515,000 equity shares of VASHU BHAGNANI INDUSTRIES LIMITED (Scrip Code: 532011) issued on preferential basis pursuant to conversion of warrants. The securities will commence trading on December 16, 2025. The shares were allotted to promoters and non-promoters at Rs. 30/- per share (face value Rs. 10/- with premium of Rs. 20/-) and are subject to lock-in requirements.

Key Points

  • Total shares listed: 8,515,000 equity shares of Rs. 10/- each
  • Issue price: Rs. 30/- per share (including premium of Rs. 20/-)
  • Allotment date: August 21, 2025
  • Trading commencement: December 16, 2025
  • Distinctive numbers: 55438501 to 63953500
  • ISIN: INE147C01017
  • Shares rank pari-passu with existing equity shares
  • Issued to promoter and non-promoter on preferential basis pursuant to warrant conversion

Regulatory Changes

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

Compliance Requirements

Trading members must note:

  • The new securities are available for trading from December 16, 2025
  • Lock-in restrictions apply to specific tranches as detailed below
  • Shares are subject to transfer restrictions during lock-in period

Important Dates

  • Allotment Date: August 21, 2025
  • Trading Commencement: December 16, 2025
  • Lock-in expiry (Tranche 1): June 30, 2026 for 1,812,000 shares (Dist. Nos. 57141501-63953500)
  • Lock-in expiry (Tranche 2): June 30, 2027 for 1,703,000 shares (Dist. Nos. 55438501-57141500)

Impact Assessment

This listing has minimal market-wide impact as it pertains to a single company’s preferential allotment. The addition of 8.515 million shares increases the company’s equity base. For VASHU BHAGNANI INDUSTRIES LIMITED shareholders, this represents dilution through preferential allotment. The staggered lock-in periods (ending June 2026 and June 2027) will restrict immediate selling by allottees, potentially limiting supply pressure on the stock.

Impact Justification

Routine listing of preferential allotment shares for a single company with limited market-wide impact