Description
149,995 equity shares of Jash Engineering Limited issued on preferential basis pursuant to conversion of warrants will be listed and permitted to trade from December 22, 2025.
Summary
BSE has announced the listing of 1,49,995 equity shares of Jash Engineering Limited (Scrip Code: 544402) with effect from Monday, December 22, 2025. These shares were issued at a premium to promoters and non-promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in provisions based on the shareholder category.
Key Points
- 1,49,995 equity shares of Rs. 2/- each being listed
- Issue price: Rs. 305.50/- per share (Rs. 303.50/- premium)
- Date of allotment: September 15, 2025
- Shares issued to Promoter and Non-Promoter on preferential basis
- Shares rank pari-passu with existing equity shares
- Distinguished numbers: 62755126 to 62905120
- ISIN: INE039O01029
Regulatory Changes
No regulatory changes. This is a standard listing notification for preferential allotment shares.
Compliance Requirements
- Trading members are informed that these securities are permitted to trade from December 22, 2025
- Lock-in restrictions must be observed as per the specified schedule
- Shares cannot be transferred until the respective lock-in periods expire
Important Dates
- Allotment Date: September 15, 2025
- Trading Commencement: December 22, 2025
- Lock-in Expiry (74,000 shares): June 22, 2026 (Dist. Nos. 62830126 to 62905120)
- Lock-in Expiry (75,000 shares): June 20, 2027 (Dist. Nos. 62755126 to 62830125)
Impact Assessment
Market Impact: Low - The listing involves a relatively small number of shares (1,49,995) which represents minimal dilution to existing shareholders. The shares are subject to lock-in restrictions preventing immediate selling pressure.
Liquidity Impact: Minimal immediate impact as all shares are under lock-in until June 2026 at the earliest.
Investor Impact: Neutral - Existing shareholders should note the expansion in equity base, though the lock-in provisions ensure no immediate market impact. The preferential allotment at Rs. 305.50/- per share indicates confidence from promoters and strategic investors.
Impact Justification
Routine listing of preferential allotment shares with minimal market impact due to small number of shares and existing lock-in restrictions