Description
50 lakh equity shares of Bhatia Communications & Retail (India) Limited issued on preferential basis pursuant to warrant conversion are listed and permitted to trade from December 23, 2025.
Summary
BSE has approved the listing of 50,00,000 equity shares of Bhatia Communications & Retail (India) Limited (Scrip Code: 540956) issued to non-promoters on a preferential basis pursuant to conversion of warrants. The new shares will be available for trading from December 23, 2025, and are subject to a lock-in period until June 30, 2026.
Key Points
- 50,00,000 equity shares of Re. 1/- each issued at a premium of Rs. 22.75/-
- Issue price: Rs. 23.75/- per share
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 125152001 to 130152000
- ISIN: INE341Z01025
- Date of allotment: September 30, 2025
- Trading commencement: December 23, 2025
Regulatory Changes
No regulatory changes announced. This is a standard listing notification for new securities.
Compliance Requirements
Trading members of BSE are informed to take note of the listing of these new securities. The shares are subject to lock-in requirements as detailed below.
Important Dates
- Allotment Date: September 30, 2025
- Trading Commencement: December 23, 2025
- Lock-in Period Ends: June 30, 2026
Lock-in Details
| Number of Shares | Distribution Numbers | Lock-in Until |
|---|---|---|
| 50,00,000 | 125152001 to 130152000 | June 30, 2026 |
Impact Assessment
This listing represents a standard preferential allotment to non-promoters through warrant conversion. The issuance of 50 lakh shares will increase the equity base of Bhatia Communications & Retail (India) Limited. The lock-in period of approximately 6 months from the trading commencement date ensures that these shares cannot be sold until June 30, 2026, which limits immediate dilution impact on existing shareholders. The shares ranking pari-passu means they carry the same rights and privileges as existing equity shares.
Impact Justification
Routine listing of preferential allotment shares with limited market impact. Standard warrant conversion with lock-in period for non-promoter investors.