Description
149,995 equity shares of JASH ENGINEERING LIMITED listed on BSE from December 22, 2025, issued on preferential basis pursuant to warrant conversion.
Summary
BSE has listed 149,995 new equity shares of JASH ENGINEERING LIMITED (Scrip Code: 544402) effective December 22, 2025. These shares were issued at Rs. 305.50 per share (face value Rs. 2 plus premium of Rs. 303.50) to Promoter and Non-Promoter on a preferential basis pursuant to conversion of warrants. The shares are allotted with distinctive numbers 62755126 to 62905120 and rank pari-passu with existing equity shares.
Key Points
- Total shares listed: 149,995 equity shares of Rs. 2/- each
- Issue price: Rs. 305.50 per share (Rs. 2 face value + Rs. 303.50 premium)
- Allotment date: September 15, 2025
- Trading commencement: December 22, 2025
- ISIN: INE039O01029
- Distinctive numbers: 62755126 to 62905120
- Issued to both Promoter and Non-Promoter categories
- Purpose: Conversion of warrants on preferential basis
Regulatory Changes
No regulatory changes. This is a standard listing notification for new securities issued through preferential allotment.
Compliance Requirements
- Trading members must note the new securities are available for trading from December 22, 2025
- Lock-in restrictions apply to the allotted shares as specified
- Shares rank pari-passu with existing equity shares of the company
Important Dates
- Allotment Date: September 15, 2025
- Trading Commencement: December 22, 2025 (Monday)
- Lock-in Period Expiry:
- 75,000 shares (Dist. Nos. 62755126-62830125): June 20, 2027
- 74,995 shares (Dist. Nos. 62830126-62905120): June 22, 2026
Impact Assessment
Market Impact: Minimal. The listing of 149,995 shares represents a relatively small addition to the existing equity base. With differential lock-in periods (until June 2026 and June 2027), immediate tradable float impact is further limited.
Operational Impact: Routine corporate action. Trading members should update their systems to reflect the increased share capital and distinctive number ranges.
Investor Impact: Existing shareholders should note the dilution from preferential allotment. The lock-in provisions provide stability by restricting immediate sale of allotted shares.
Impact Justification
Routine listing of preferentially allotted shares from warrant conversion. Limited quantity (149,995 shares) with lock-in provisions. Standard corporate action with no broader market impact.