Description

46,07,000 equity shares of Inter Globe Finance Ltd listed on BSE with effect from December 31, 2025, issued at Rs. 46.50 per share on preferential basis pursuant to warrant conversion.

Summary

BSE has listed 46,07,000 new equity shares of Inter Globe Finance Ltd. (Scrip Code: 511391) with effect from December 31, 2025. These shares were issued at Rs. 46.50 per share (face value Rs. 10 + premium Rs. 36.50) to promoters and 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 periods ranging from August 31, 2026 to August 31, 2027.

Key Points

  • Total shares listed: 46,07,000 equity shares of Rs. 10/- each
  • Issue price: Rs. 46.50 per share (including premium of Rs. 36.50)
  • Scrip Code: 511391
  • ISIN: INE661M01016
  • Distribution numbers: 8957296 to 13564295
  • Shares rank pari-passu with old equity shares
  • Allotment done in two tranches: October 16, 2025 and November 6, 2025

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members are informed of the new securities listing
  • Lock-in restrictions apply to all allotted shares as per SEBI regulations:
    • 16,20,000 shares locked until August 31, 2027
    • 3,75,000 shares locked until August 31, 2026
    • 4,87,000 shares locked until August 31, 2027
    • 21,25,000 shares locked until August 31, 2026

Important Dates

  • December 30, 2025: Notice date
  • December 31, 2025: Trading commencement date
  • October 16, 2025: First allotment date (19,95,000 shares)
  • November 6, 2025: Second allotment date (26,12,000 shares)
  • August 31, 2026: Lock-in expiry for 24,37,000 shares
  • August 31, 2027: Lock-in expiry for 21,07,000 shares

Impact Assessment

This is a routine listing notification for a single company’s preferential allotment. The impact is limited to Inter Globe Finance Ltd. shareholders and does not affect broader market operations. The lock-in provisions ensure these shares cannot be freely traded until specified dates, minimizing immediate dilution impact. Trading members should update their systems to reflect the increased share capital and lock-in details.

Impact Justification

Routine listing of preferentially allotted shares for a single company with lock-in provisions; limited market-wide impact