Description

562,303 equity shares of SPML Infra Limited listed on BSE with effect from December 18, 2025, issued to promoter on preferential basis pursuant to conversion of warrants.

Summary

BSE has announced the listing of 562,303 equity shares of SPML Infra Limited (Scrip Code: 500402) effective December 18, 2025. These shares were issued to the promoter on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 118.56 per share. The shares rank pari-passu with existing equity shares and are subject to a lock-in period until June 30, 2027.

Key Points

  • 562,303 equity shares of face value Rs. 2.00 each listed and permitted to trade
  • Issued at a premium of Rs. 116.56 per share (total issue price: Rs. 118.56)
  • Issued to promoter on preferential basis pursuant to warrant conversion
  • Date of allotment: October 6, 2025
  • Trading commencement date: December 18, 2025
  • Distinctive numbers: 71689469 to 72251771
  • ISIN: INE937A01023
  • 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 that these securities are now available for trading on the exchange. All shares are subject to mandatory lock-in requirements as specified.

Important Dates

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

Impact Assessment

Market Impact: Low. This is a routine listing of shares issued on preferential basis to promoter.

Trading Impact: Minimal immediate impact as all 562,303 shares are locked-in until June 30, 2027, preventing any trading of these specific shares during the lock-in period.

Shareholder Impact: Increases promoter holding in the company. The preferential allotment through warrant conversion indicates promoter confidence and commitment to the company.

Impact Justification

Routine listing notice for preferential allotment to promoter. Limited market impact due to small number of shares relative to typical market capitalization and lock-in period until June 2027.