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 listed 9,00,000 new equity shares of Uday Jewellery Industries Limited (Scrip Code: 539518) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares are permitted to trade with effect from December 23, 2025, and rank pari-passu with existing equity shares. All shares are subject to a lock-in period until August 31, 2027.
Key Points
- 9,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 144/- per share
- Issue price: Rs. 154/- per share
- Allotment made to promoters on preferential basis pursuant to warrant conversion
- Date of allotment: September 25, 2025
- Trading commences: December 23, 2025
- Distinctive numbers: 26084801 to 26984800
- ISIN: INE551B01012
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed of the listing and permitted trading of these new securities. The shares are subject to standard lock-in requirements applicable to preferential allotments to promoters.
Important Dates
- Allotment Date: September 25, 2025
- Trading Commencement: December 23, 2025
- Lock-in Expiry: August 31, 2027
Impact Assessment
The listing represents a routine preferential allotment to promoters following warrant conversion. With all 9,00,000 shares locked-in until August 31, 2027, there is no immediate impact on tradable float or market liquidity. The allotment indicates promoter commitment and capital infusion of approximately Rs. 13.86 crores (9,00,000 shares × Rs. 154) into the company. Market impact is minimal as these shares cannot be traded until lock-in expiry.
Impact Justification
Routine listing of preferential allotment shares with promoter lock-in, limited market impact due to locked-in status until 2027