Description
BSE notifies listing and trading of 1,408 new equity shares of Advait Energy Transitions Limited issued on preferential basis pursuant to warrant conversion, effective December 17, 2025.
Summary
BSE has approved the listing and trading of 1,408 new equity shares of Advait Energy Transitions Limited (Scrip Code: 543230) effective December 17, 2025. These shares were issued at a premium of Rs. 1,766 to non-promoters on a preferential basis following the conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to lock-in until June 29, 2026.
Key Points
- 1,408 equity shares of Rs. 10/- each issued to non-promoters
- Issue price: Rs. 1,776 per share (Rs. 10 face value + Rs. 1,766 premium)
- Issued pursuant to conversion of warrants on preferential basis
- Distinctive numbers: 10935370 to 10936777
- Trading commences on December 17, 2025
- ISIN: INE0ALI01010
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must take note of the new securities listing
- Lock-in restrictions apply to all 1,408 shares until June 29, 2026
- Shares cannot be transferred or traded until lock-in period expires
Important Dates
- Allotment Date: November 13, 2025
- Trading Commencement Date: December 17, 2025
- Lock-in Expiry Date: June 29, 2026
Impact Assessment
This is a routine corporate action with minimal market impact. The small number of shares (1,408) issued through warrant conversion represents a negligible addition to the company’s equity base. The lock-in period until June 29, 2026 ensures these shares will not immediately affect market liquidity. Trading members should update their records accordingly, but no significant operational or market changes are expected.
Impact Justification
Routine listing of small number of shares (1,408) issued through warrant conversion with minimal market impact.