Description

63,55,557 equity shares of Mega Nirman & Industries Limited listed on BSE from December 30, 2025, issued at Rs. 15/- pursuant to conversion of warrants on preferential basis.

Summary

BSE has listed 63,55,557 new equity shares of Mega Nirman & Industries Limited (Scrip Code: 539767) effective December 30, 2025. These shares were issued at Rs. 15/- per share (face value Rs. 10/- with premium of Rs. 5/-) to Non-Promoters on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to lock-in requirements.

Key Points

  • Total new shares listed: 63,55,557 equity shares of Rs. 10/- each
  • Issue price: Rs. 15/- per share (including premium of Rs. 5/-)
  • Issued to: Non-Promoters on preferential basis
  • Basis: Conversion of warrants
  • Distinguished numbers: 19291944 to 25647500
  • Date of allotment: August 6, 2025
  • Trading commencement: December 30, 2025
  • ISIN: INE216Q01010
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

Trading members must note the listing of these new securities and ensure compliance with lock-in restrictions:

  • 16,44,445 shares (Dist. Nos. 19291944 to 20936388) locked-in until July 14, 2026
  • 47,11,112 shares (Dist. Nos. 20936389 to 25647500) locked-in until July 15, 2026

Important Dates

  • Date of Allotment: August 6, 2025
  • Trading Commencement: December 30, 2025 (Tuesday)
  • Lock-in Expiry (Tranche 1): July 14, 2026 (16,44,445 shares)
  • Lock-in Expiry (Tranche 2): July 15, 2026 (47,11,112 shares)
  • Notice Date: December 29, 2025

Impact Assessment

Minimal market impact expected. This is a routine listing of new equity shares from warrant conversion for Mega Nirman & Industries Limited. The preferential allotment to Non-Promoters represents capital raising activity. The lock-in provisions ensure restricted trading of all newly listed shares until mid-2026, preventing immediate supply pressure. The shares will trade alongside existing equity shares with identical rights and privileges.

Impact Justification

Routine listing of new equity shares from warrant conversion for a single company with lock-in provisions