Description

BSE announces listing of 85.15 lakh equity shares of Vashu Bhagnani Industries Limited issued on preferential basis pursuant to conversion of warrants, effective December 16, 2025.

Summary

BSE has approved the listing of 85,15,000 equity shares of Vashu Bhagnani Industries Limited (Scrip Code: 532011) issued to promoters and non-promoters on a preferential basis pursuant to conversion of warrants. The shares will be available for trading with effect from Tuesday, December 16, 2025. The shares carry differential lock-in periods with 17.03 lakh shares locked until June 30, 2027 and 68.12 lakh shares locked until June 30, 2026.

Key Points

  • 85,15,000 equity shares of Rs. 10 each issued at a premium of Rs. 20
  • Issue price: Rs. 30 per share
  • Allotment date: August 21, 2025
  • Trading commencement: December 16, 2025
  • Issued to promoter and non-promoter on preferential basis
  • Shares issued pursuant to conversion of warrants
  • Distinctive numbers: 55438501 to 63953500
  • ISIN: INE147C01017
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following completion of preferential allotment process and warrant conversion.

Compliance Requirements

Trading members are informed of the new securities and must ensure:

  • Recognition of the new distinctive number range (55438501 to 63953500)
  • Application of appropriate lock-in restrictions on designated share quantities
  • Treatment of shares as pari-passu with existing equity shares for all corporate actions

Important Dates

  • Allotment Date: August 21, 2025
  • Trading Commencement: December 16, 2025
  • Lock-in Expiry (68.12 lakh shares): June 30, 2026 (Dist. Nos. 57141501 - 63953500)
  • Lock-in Expiry (17.03 lakh shares): June 30, 2027 (Dist. Nos. 55438501 - 57141500)

Impact Assessment

Market Impact: Minimal. This represents a routine listing of preferentially allotted shares following warrant conversion. The staggered lock-in periods (80% until June 2026 and 20% until June 2027) will prevent immediate selling pressure.

Liquidity Impact: Low immediate impact due to lock-in restrictions. Only after June 30, 2026 will 68.12 lakh shares become tradeable, potentially increasing float.

Shareholder Impact: Affects promoter and non-promoter allottees who converted warrants. The new shares carry full voting and dividend rights being pari-passu with existing equity.

Operational Impact: Trading members must update systems to recognize new distinctive numbers and enforce lock-in restrictions on specified share quantities.

Impact Justification

Routine listing notification for preferential allotment with standard lock-in provisions; impacts only specific company and its shareholders