Description

5,62,303 equity shares of SPML Infra Limited issued to promoter on preferential basis pursuant to warrant conversion, listed with effect from December 18, 2025.

Summary

BSE has approved the listing of 5,62,303 new equity shares of SPML Infra Limited (Scrip Code: 500402) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares will be available for trading on the Exchange from Thursday, December 18, 2025. These shares rank pari-passu with existing equity shares and are subject to a lock-in period until June 30, 2027.

Key Points

  • 5,62,303 equity shares of Rs. 2.00/- each issued at a premium of Rs. 116.56
  • Issued to Promoter on preferential basis pursuant to warrant conversion
  • Issue price: Rs. 118.56 per share
  • Distinctive Numbers: 71689469 to 72251771
  • Date of Allotment: October 6, 2025
  • ISIN: INE937A01023
  • Trading commences: December 18, 2025
  • All shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new securities.

Compliance Requirements

Trading members are informed of the new securities and should ensure their systems reflect the updated share capital of SPML Infra Limited. The lock-in restrictions must be observed until the specified date.

Important Dates

  • Allotment Date: October 6, 2025
  • Listing Date: December 18, 2025
  • Lock-in Period Ends: June 30, 2027

Impact Assessment

Market Impact: Low. The preferential allotment to promoters represents a small dilution of existing shareholding. The lock-in period until June 30, 2027 means these shares cannot be traded freely for approximately 18 months, limiting immediate market impact.

Company Impact: The warrant conversion provides additional capital to SPML Infra Limited at Rs. 118.56 per share, strengthening the company’s equity base. The promoter participation indicates continued commitment to the company.

Impact Justification

Routine listing of shares from warrant conversion to promoter. Limited market impact due to lock-in period until June 2027 and relatively small number of shares.