Description

VASHU BHAGNANI INDUSTRIES LIMITED lists 8515000 equity shares issued at Rs. 30 per share on preferential basis pursuant to warrant conversion, effective December 16, 2025.

Summary

BSE has approved the listing of 8515000 equity shares of VASHU BHAGNANI INDUSTRIES LIMITED (Scrip Code: 532011) issued on preferential basis pursuant to conversion of warrants. The shares will be available for trading from December 16, 2025. The shares were allotted to Promoter and Non-Promoter at an issue price of Rs. 30 per share (face value Rs. 10 with premium of Rs. 20) and rank pari-passu with existing equity shares.

Key Points

  • 85,15,000 equity shares of Rs. 10 face value issued at Rs. 30 per share
  • Shares issued pursuant to conversion of warrants on preferential basis
  • Date of allotment: August 21, 2025
  • Trading commencement: December 16, 2025
  • ISIN: INE147C01017
  • Distinctive Numbers: 55438501 to 63953500
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a standard listing notification following preferential allotment procedures.

Compliance Requirements

Trading members must note the lock-in requirements:

  • 17,03,000 shares (Dist. Nos. 55438501 to 57141500) are locked-in until June 30, 2027
  • 68,12,000 shares (Dist. Nos. 57141501 to 63953500) are locked-in until June 30, 2026

Important Dates

  • Allotment Date: August 21, 2025
  • Trading Commencement: December 16, 2025
  • Lock-in Expiry (Partial): June 30, 2026 (for 68.12 lakh shares)
  • Lock-in Expiry (Remaining): June 30, 2027 (for 17.03 lakh shares)

Impact Assessment

Limited market impact. This is a routine preferential allotment listing for a single company. The shares represent capital raised through warrant conversion and will increase the traded float after respective lock-in periods expire. Investors should note the significant lock-in periods restricting immediate liquidity of these shares.

Impact Justification

Routine listing of preferential shares after warrant conversion with standard lock-in periods, limited market-wide impact