Description

Listing of 11.20 lakh 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 of 11,20,000 equity shares of Mudunuru Limited (Scrip Code: 538743) issued to promoters on a preferential basis pursuant to warrant conversion. The securities will be available for trading from Wednesday, January 7, 2026. These shares carry a 2-year lock-in period ending July 30, 2027.

Key Points

  • 11,20,000 equity shares of Rs. 2/- each issued at premium of Rs. 10/-
  • Issue price: Rs. 12.00 per share
  • Allotment date: July 31, 2025
  • Trading commencement: January 7, 2026
  • Distinctive numbers: 31600001 to 32720000
  • ISIN: INE491C01027
  • Shares issued on preferential basis to promoters pursuant to warrant conversion
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members should note the new securities for trading from January 7, 2026
  • All 11.20 lakh shares are subject to lock-in restrictions until July 30, 2027
  • Members must ensure compliance with lock-in provisions during the restricted period

Important Dates

  • Allotment Date: July 31, 2025
  • Trading Commencement: January 7, 2026
  • Lock-in Period Ends: July 30, 2027
  • Notice Date: January 6, 2026

Impact Assessment

Market Impact: Minimal. This is a routine preferential allotment to promoters with standard lock-in provisions. The shares cannot be traded until July 2027, limiting immediate market supply impact.

Operational Impact: Trading members need to update their systems to reflect the new securities and ensure lock-in compliance.

Investor Impact: Existing shareholders may see dilution of approximately 3.5% (assuming pre-issue base), but the lock-in period provides stability. The preferential issue to promoters may indicate confidence in the company’s prospects.

Impact Justification

Routine listing of preferential shares with standard lock-in period; limited market impact due to promoter allotment and small issue size