Description

Listing of 24,37,650 equity shares of LAST MILE ENTERPRISES LIMITED issued at premium to non-promoters on preferential basis pursuant to warrant conversion, effective January 5, 2026.

Summary

BSE has announced the listing of 24,37,650 new equity shares of LAST MILE ENTERPRISES LIMITED (Scrip Code: 526961) effective January 5, 2026. These shares were issued at a premium of Rs. 59/- (total issue price Rs. 60/-) to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in until July 15, 2026.

Key Points

  • Total shares listed: 24,37,650 equity shares of Re. 1/- each
  • Issue price: Rs. 60/- per share (face value Re. 1/- + premium Rs. 59/-)
  • Issued to: Non-Promoters on preferential basis
  • Basis: Conversion of warrants
  • Scrip Code: 526961
  • ISIN: INE404B01022
  • Listing date: January 5, 2026 (Monday)
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

Trading members must note the listing of new securities and updated share capital of LAST MILE ENTERPRISES LIMITED for trading operations from January 5, 2026.

Important Dates

  • October 28, 2025: First allotment of 14,76,000 shares (Dist. Nos. 353331351-354807350)
  • October 30, 2025: Second allotment of 9,61,650 shares (Dist. Nos. 354807351-355769000)
  • January 5, 2026: Listing and trading commencement date
  • July 15, 2026: Lock-in expiry date for all 24,37,650 shares

Impact Assessment

This is a routine listing notice with minimal market impact. The preferential issue increases the paid-up capital of LAST MILE ENTERPRISES LIMITED by 24,37,650 shares. The lock-in period until July 15, 2026 prevents immediate sale of these shares. The allotment to non-promoters may marginally dilute promoter holding but the shares rank equally with existing equity. Trading members should update their records to reflect the new share capital and distinctive number ranges.

Impact Justification

Routine listing notice for preferential allotment to non-promoters with limited market impact