Description

Listing of 46,07,000 equity shares of Inter Globe Finance Ltd issued at Rs. 46.50 on preferential basis pursuant to conversion of warrants, effective December 31, 2025.

Summary

BSE has listed 46,07,000 equity shares of Rs. 10/- each of Inter Globe Finance Ltd. (Scrip Code: 511391) issued at a premium of Rs. 36.50/- (total issue price Rs. 46.50/-) on preferential basis pursuant to conversion of warrants. The shares will be available for trading from December 31, 2025, and rank pari-passu with existing equity shares.

Key Points

  • Total shares listed: 46,07,000 equity shares of Rs. 10/- each
  • Issue price: Rs. 46.50/- (Rs. 10/- face value + Rs. 36.50/- premium)
  • Issued to: Promoter and Non-Promoter on preferential basis
  • Basis: Conversion of warrants
  • Scrip Code: 511391
  • ISIN: INE661M01016
  • Trading start date: December 31, 2025
  • Distinctive Numbers: 8957296 to 13564295
  • Shares rank pari-passu with existing equity shares

Allotment Details

First Allotment (October 16, 2025):

  • Shares: 19,95,000
  • Distinctive Numbers: 8957296 to 10952295

Second Allotment (November 6, 2025):

  • Shares: 26,12,000
  • Distinctive Numbers: 10952296 to 13564295

Lock-in Requirements

  • 16,20,000 shares (Dist. Nos. 8957296 - 10577295): Locked until August 31, 2027
  • 3,75,000 shares (Dist. Nos. 10577296 - 10952295): Locked until August 31, 2026
  • 4,87,000 shares (Dist. Nos. 10952296 - 11439295): Locked until August 31, 2027
  • 21,25,000 shares (Dist. Nos. 11439296 - 13564295): Locked until August 31, 2026

Important Dates

  • First Allotment Date: October 16, 2025
  • Second Allotment Date: November 6, 2025
  • Notice Date: December 30, 2025
  • Trading Commencement: December 31, 2025
  • Lock-in Expiry (shorter period): August 31, 2026
  • Lock-in Expiry (longer period): August 31, 2027

Impact Assessment

This is a routine listing notice with limited market impact. The preferential issue increases Inter Globe Finance Ltd’s equity capital through warrant conversion. Approximately 35% of the newly listed shares have a lock-in period until August 31, 2027, while the remaining 65% are locked until August 31, 2026. Trading members can trade these securities from December 31, 2025, subject to applicable lock-in restrictions.

Impact Justification

Routine listing of preferential issue shares for a single company with no broader market implications