Description

5,00,000 equity shares of Jhaveri Credits & Capital Ltd. issued on preferential basis pursuant to warrant conversion to be listed and permitted for trading from December 26, 2025.

Summary

BSE has announced the listing of 5,00,000 new equity shares of Jhaveri Credits & Capital Ltd. (Scrip Code: 531550) effective from Friday, December 26, 2025. These shares were issued at a premium of Rs. 275/- per share to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are ranking pari-passu with existing equity shares.

Key Points

  • Total shares being listed: 5,00,000 equity shares of Rs. 10/- each
  • Issue price: Rs. 285/- per share (Rs. 10 face value + Rs. 275 premium)
  • Issued to: Non-Promoter on preferential basis
  • Allotment dates: August 30, 2025 (245,600 shares) and September 2, 2025 (254,400 shares)
  • ISIN: INE865D01012
  • Scrip Code: 531550
  • Trading commencement: December 26, 2025
  • All shares are subject to lock-in until June 30, 2026

Regulatory Changes

No regulatory changes. This is a standard listing notification for new securities issued pursuant to warrant conversion.

Compliance Requirements

Trading members of BSE are informed that these securities are now available for trading. The lock-in restrictions must be observed until the specified unlock date.

Important Dates

  • Allotment Date 1: August 30, 2025 (245,600 shares, Dist. Nos. 8985937-9231536)
  • Allotment Date 2: September 2, 2025 (254,400 shares, Dist. Nos. 9231537-9485936)
  • Trading Commencement: December 26, 2025
  • Lock-in Expiry: June 30, 2026 (all 5,00,000 shares)

Impact Assessment

Minimal market impact expected. This is a relatively small issuance representing additional equity shares from warrant conversion. The shares are subject to a lock-in period until June 30, 2026, preventing immediate selling pressure. The issuance to non-promoters on preferential basis is a standard capital raising mechanism. Trading members can facilitate transactions in these securities starting December 26, 2025.

Impact Justification

Routine listing of preferential allotment shares with lock-in period. Limited market impact due to small issuance size and non-promoter allocation.