Description

23,67,647 equity shares of Re. 1/- each issued at a premium of Rs. 2.40/- listed on BSE effective January 6, 2026, arising from conversion of warrants on preferential basis.

Summary

BSE has listed 23,67,647 new equity shares of EPUJA SPIRITECH LIMITED (Scrip Code: 532092) effective January 6, 2026. These shares were issued at Re. 1/- each with a premium of Rs. 2.40/- to Non-Promoters on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to a lock-in period until July 9, 2026.

Key Points

  • Total new shares listed: 23,67,647 equity shares of Re. 1/- each
  • Issue price: Rs. 3.40/- per share (face value Re. 1/- + premium Rs. 2.40/-)
  • Issued to Non-Promoters on preferential basis through warrant conversion
  • Allotment in two tranches: 15,14,706 shares on July 18, 2025 and 8,52,941 shares on July 26, 2025
  • ISIN: INE807D01030
  • Trading commences: January 6, 2026
  • Distinctive numbers: 86679043 to 89046689
  • All shares subject to lock-in until July 9, 2026

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

Trading members must note:

  • The new securities are permitted for trading from January 6, 2026
  • All 23,67,647 shares are under lock-in until July 9, 2026
  • Shares rank pari-passu with existing equity shares

Important Dates

  • July 18, 2025: First allotment of 15,14,706 shares
  • July 26, 2025: Second allotment of 8,52,941 shares
  • January 6, 2026: Trading commencement date
  • July 9, 2026: Lock-in expiry date

Impact Assessment

This is a routine listing notice with minimal market impact. The listing of 23.67 lakh equity shares increases the total issued capital of EPUJA SPIRITECH LIMITED. The lock-in period until July 9, 2026 prevents immediate selling pressure. As these shares were issued through warrant conversion on a preferential basis to Non-Promoters, it represents capital raising activity completed in mid-2025. The pari-passu nature ensures equal rights with existing shareholders. Impact is limited to this specific scrip with no broader market implications.

Impact Justification

Routine listing of new securities from warrant conversion with lock-in period; affects single company with limited market-wide impact