Description

4,00,000 equity shares of Kinetic Engineering Ltd issued on preferential basis pursuant to warrant conversion listed on BSE with effect from January 2, 2026.

Summary

BSE has approved the listing of 4,00,000 equity shares of Kinetic Engineering Ltd (Scrip Code: 500240) issued to Non-Promoters on a preferential basis pursuant to conversion of warrants. The new shares will commence trading from January 2, 2026, and are subject to lock-in until July 29, 2026.

Key Points

  • 4,00,000 equity shares of Rs. 10/- each issued at premium of Rs. 161/-
  • Issue price: Rs. 171/- per share
  • Allotted to Non-Promoters on preferential basis
  • Issued pursuant to conversion of warrants
  • Distinctive Numbers: 113519124 to 113919123
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE266B01017
  • Date of allotment: September 24, 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 listing
  • All 4,00,000 shares are subject to lock-in restrictions until July 29, 2026
  • Shares cannot be transferred or sold until lock-in period expires

Important Dates

  • Allotment Date: September 24, 2025
  • Trading Commencement: January 2, 2026 (Friday)
  • Lock-in Expiry: July 29, 2026
  • Notice Date: January 1, 2026

Impact Assessment

Market Impact: Minimal. The listing involves only 4,00,000 shares issued on preferential basis with lock-in restrictions until July 29, 2026, limiting immediate tradability.

Operational Impact: Trading members can facilitate transactions in these securities from January 2, 2026, though the lock-in period restricts transferability.

Capital Structure Impact: Addition of equity shares from warrant conversion increases the company’s equity base, providing capital raised at Rs. 171/- per share (total consideration: Rs. 6.84 crores approximately).

Impact Justification

Routine listing of 4 lakh shares from warrant conversion representing small addition to existing equity base with lock-in restrictions