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 shares will commence trading from January 7, 2026, with a 2-year lock-in period until July 30, 2027.

Key Points

  • Number of Shares: 11,20,000 equity shares of Rs. 2.00/- each
  • Issue Premium: Rs. 10.00 per share
  • Issue Price: Rs. 12.00 per share
  • Allotment Type: Preferential basis to promoters
  • Origin: Conversion of warrants
  • Distinctive Numbers: 31600001 to 32720000
  • ISIN: INE491C01027
  • Ranking: Pari-passu with existing equity shares
  • Trading Commencement: January 7, 2026

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following SEBI preferential allotment regulations.

Compliance Requirements

  • Trading members must update their systems to reflect the new shares available for trading
  • All 11,20,000 shares are subject to lock-in restrictions and cannot be traded until the lock-in period expires
  • Standard trading and settlement procedures apply for unlocked shares

Important Dates

  • Allotment Date: July 31, 2025
  • Trading Effective Date: January 7, 2026
  • Lock-in Expiry Date: July 30, 2027

Impact Assessment

Market Impact: Minimal. This is a relatively small preferential allotment representing incremental equity capital for Mudunuru Limited. The shares are locked-in for 2 years, preventing immediate trading impact.

Operational Impact: Routine listing process with no special settlement or trading requirements beyond the lock-in restrictions.

Investor Consideration: The preferential issue to promoters at Rs. 12.00 per share increases promoter holding. Investors should note the dilution effect and monitor promoter commitment through the lock-in period.

Impact Justification

Routine listing of preferential shares to promoters with standard lock-in, limited market-wide impact