Description

9,00,000 equity shares of Uday Jewellery Industries Limited issued on preferential basis pursuant to warrant conversion are listed and permitted to trade with effect from December 23, 2025.

Summary

BSE has announced the listing of 9,00,000 equity shares of Uday Jewellery Industries Limited (Scrip Code: 539518) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares will be available for trading from December 23, 2025, and are subject to a lock-in period until August 31, 2027.

Key Points

  • Number of Shares: 9,00,000 equity shares of Rs. 10/- each
  • Issue Price: Rs. 154/- per share (premium of Rs. 144/-)
  • Allotment Type: Preferential allotment to promoters
  • Basis: Conversion of warrants
  • Allotment Date: September 25, 2025
  • Trading Commencement: December 23, 2025
  • Distinctive Numbers: 26084801 to 26984800
  • ISIN: INE551B01012
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed to note the listing of these new securities
  • The shares are subject to mandatory lock-in requirements as per SEBI regulations for preferential allotment to promoters

Important Dates

  • Allotment Date: September 25, 2025
  • Trading Start Date: December 23, 2025
  • Lock-in Expiry Date: August 31, 2027

Impact Assessment

Limited market impact expected. The preferential allotment represents capital raised from promoters through warrant conversion. All 9,00,000 shares are locked-in until August 31, 2027, preventing immediate trading or dilution impact. The shares rank equally with existing equity shares and will increase the company’s paid-up capital by Rs. 90 lakhs (face value) with total consideration of Rs. 13.86 crores at the issue price of Rs. 154/- per share.

Impact Justification

Routine listing of preferential allotment shares from warrant conversion by promoters with standard lock-in period. Limited market impact due to small number of shares and promoter classification.