Description
33,33,333 equity shares of Choice International Ltd issued on preferential basis pursuant to conversion of warrants listed on BSE with effect from January 6, 2026.
Summary
BSE has listed 33,33,333 equity shares of Choice International Ltd (Scrip Code: 531358) issued to Non-Promoters on a preferential basis pursuant to conversion of warrants. The shares are permitted to trade with effect from Tuesday, January 6, 2026, and are subject to lock-in until July 9, 2026.
Key Points
- 33,33,333 equity shares of Rs. 10/- each issued at a premium of Rs. 290/- per share
- Issue price: Rs. 300/- per share
- Issued to Non-Promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distinctive Numbers: 205655501 to 208988833
- Date of Allotment: November 12, 2025
- ISIN: INE102B01014
- All shares subject to lock-in until July 9, 2026
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
Trading members are informed that these securities are now available for trading from January 6, 2026, subject to lock-in restrictions.
Important Dates
- Date of Allotment: November 12, 2025
- Trading Commencement Date: January 6, 2026
- Lock-in Period Ends: July 9, 2026
Impact Assessment
Limited impact - routine listing of preferential shares for a single company. The shares represent warrant conversion and will be subject to lock-in restrictions until July 2026, limiting immediate trading activity. No broader market implications.
Impact Justification
Routine listing of preferential shares from warrant conversion for a single company with limited market-wide impact.