Description

Listing and trading approval for 1,120,000 equity shares of Mudunuru Limited issued to promoters on preferential basis pursuant to warrant conversion, effective January 7, 2026.

Summary

BSE has approved the listing and trading of 1,120,000 equity shares of Mudunuru Limited (Scrip Code: 538743) issued to promoters on a preferential basis pursuant to conversion of warrants. Trading will commence on January 7, 2026. The shares were allotted on July 31, 2025, at an issue price of Rs. 12.00 per share and are subject to a two-year lock-in period ending July 30, 2027.

Key Points

  • 1,120,000 equity shares of Rs. 2.00 face value issued at premium of Rs. 10.00
  • Issued to promoters on preferential basis pursuant to warrant conversion
  • Trading commences: Wednesday, January 7, 2026
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE491C01027
  • Distinctive Numbers: 31600001 to 32720000

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members are informed of the new securities listing
  • All 1,120,000 shares are subject to lock-in provisions until July 30, 2027
  • Shares issued comply with preferential allotment regulations for warrant conversion

Important Dates

  • Date of Allotment: July 31, 2025
  • Trading Commencement: January 7, 2026
  • Lock-in Period End: July 30, 2027

Impact Assessment

Minimal market impact expected. This is a routine listing of preferential shares allotted to promoters through warrant conversion. The shares represent approximately 3.5% addition to the existing equity base (assuming total shares around 32 million based on distinctive numbers). The two-year lock-in period ensures these shares cannot be sold until July 2027, preventing immediate dilution concerns. Standard corporate action with no implications for trading members beyond awareness of the increased share capital.

Impact Justification

Routine listing of preferential shares with standard lock-in provisions; limited market impact given small issue size and promoter allocation.