Description
1,408 equity shares of Advait Energy Transitions Limited issued at premium on preferential basis pursuant to warrant conversion listed on BSE with effect from December 17, 2025.
Summary
BSE has announced the listing of 1,408 new equity shares of Advait Energy Transitions Limited (Scrip Code: 543230) with effect from Wednesday, December 17, 2025. These shares were issued at a premium of Rs. 1,766 per share to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to a lock-in period until June 29, 2026.
Key Points
- 1,408 equity shares of Rs. 10/- each issued at premium of Rs. 1,766/-
- Total issue price: Rs. 1,776/- per share
- Issued to non-promoters on preferential basis
- Shares issued pursuant to conversion of warrants
- Distribution Numbers: 10935370 to 10936777
- Date of allotment: November 13, 2025
- Trading commencement date: 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 are informed to note the listing of these securities
- All 1,408 shares are subject to mandatory lock-in until June 29, 2026
- Shares cannot be transferred or traded until the lock-in period expires
Important Dates
- Allotment Date: November 13, 2025
- Trading Commencement: December 17, 2025
- Lock-in Expiry: June 29, 2026
Impact Assessment
This is a routine listing with minimal market impact. The issuance involves a small number of shares (1,408) representing a minor dilution for the company. The shares were allotted at a significant premium (Rs. 1,766 over face value of Rs. 10), indicating positive valuation. The 7-month lock-in period ensures these shares will not immediately impact trading liquidity. This listing is primarily informational for trading members and should not affect market operations or stock price significantly.
Impact Justification
Routine listing of small number of shares (1,408) from warrant conversion with lock-in period, minimal market impact