Description

Listing of 400,000 equity shares of Kinetic Engineering Ltd issued on preferential basis to non-promoters pursuant to conversion of warrants, effective January 2, 2026.

Summary

BSE has listed 400,000 new equity shares of Kinetic Engineering Ltd (Scrip Code: 500240) effective January 2, 2026. These shares were issued at Rs. 171/- per share (face value Rs. 10/- plus premium of Rs. 161/-) to non-promoters on a preferential basis pursuant to conversion of warrants allotted on September 24, 2025.

Key Points

  • Number of Shares: 400,000 equity shares of Rs. 10/- each
  • Issue Price: Rs. 171/- (Rs. 10/- face value + Rs. 161/- premium)
  • Allottees: Non-Promoters (preferential basis)
  • Date of Allotment: September 24, 2025
  • Trading Commencement: January 2, 2026
  • Distinctive Numbers: 113519124 to 113919123
  • ISIN: INE266B01017
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following SEBI preferential allotment norms.

Compliance Requirements

  • Trading members must note the new securities are available for trading from January 2, 2026
  • Lock-in restrictions apply to all 400,000 shares until July 29, 2026
  • Shares cannot be transferred or sold before the lock-in period expires

Important Dates

  • Allotment Date: September 24, 2025
  • Trading Start Date: January 2, 2026 (Friday)
  • Lock-in Period Ends: July 29, 2026
  • Circular Date: January 1, 2026

Impact Assessment

Market Impact: Low - The 400,000 shares represent a relatively small addition to the existing equity base of Kinetic Engineering Ltd. The shares are subject to lock-in until July 29, 2026, preventing immediate sale pressure.

Operational Impact: Minimal - Standard listing procedure for preferential allotment. Trading members need to update their systems to reflect the new distinctive number range and lock-in status.

Liquidity Impact: Neutral in the short term due to lock-in restrictions; minor dilution effect on existing shareholders.

Impact Justification

Routine preferential allotment of limited shares (400,000) with standard lock-in period; minimal market impact for trading members