Description
50,000 equity shares of Niks Technology Limited listed on BSE with effect from December 30, 2025, issued on preferential basis pursuant to warrant conversion.
Summary
BSE has approved the listing of 50,000 new equity shares of Niks Technology Limited (Scrip Code: 543282) with effect from December 30, 2025. These shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 300 per share (face value Rs. 10 with premium of Rs. 290).
Key Points
- 50,000 equity shares of Rs. 10/- each issued at premium of Rs. 290/-
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Issue price: Rs. 300 per share
- Distinctive numbers: 450001 to 500000
- Date of allotment: March 10, 2025
- ISIN: INE0GX601011
- Shares rank pari-passu with existing equity shares
- Trading commences: December 30, 2025
Regulatory Changes
No regulatory changes. This is a standard listing notification for new securities.
Compliance Requirements
Trading members are informed of the new securities being available for trading. All 50,000 shares are subject to lock-in requirements until June 30, 2026.
Important Dates
- Allotment Date: March 10, 2025
- Trading Commencement: December 30, 2025
- Lock-in Expiry: June 30, 2026 (for all 50,000 shares)
Impact Assessment
Minimal market impact. This is a small preferential allotment representing 50,000 shares issued to non-promoters. The shares are subject to lock-in until June 30, 2026, preventing immediate trading. The issuance follows standard regulatory procedures for warrant conversion and will have negligible effect on stock liquidity or pricing.
Impact Justification
Routine listing of small preferential allotment (50,000 shares) to non-promoters with minimal market impact