Description

Venus Pipes & Tubes Limited (Scrip Code: 543528) will list 1,20,000 new equity shares issued at Rs. 1700/- per share on preferential basis pursuant to warrant conversion, effective January 8, 2026.

Summary

BSE has announced the listing of 1,20,000 new equity shares of Venus Pipes & Tubes Limited (Scrip Code: 543528) effective from Thursday, January 8, 2026. These shares were issued at a premium of Rs. 1,690/- on a face value of Rs. 10/- to Non-Promoters on a preferential basis pursuant to the conversion of warrants. The shares will rank pari-passu with existing equity shares.

Key Points

  • Company: Venus Pipes & Tubes Limited
  • Scrip Code: 543528
  • Number of Shares: 1,20,000 equity shares
  • Face Value: Rs. 10/- per share
  • Premium: Rs. 1,690/- per share
  • Issue Price: Rs. 1,700/- per share
  • Allottees: Non-Promoters
  • Basis: Preferential allotment pursuant to warrant conversion
  • ISIN: INE0JA001018
  • Distinctive Numbers: 20596111 to 20716110
  • Date of Allotment: October 7, 2025
  • Trading Commencement: January 8, 2026
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new securities.

Compliance Requirements

  • Trading members are informed to enable trading in these new securities from January 8, 2026
  • The shares are subject to lock-in requirements as specified below
  • All 1,20,000 shares (Dist. Nos. 20596111 to 20716110) are locked-in until July 31, 2026

Important Dates

  • Date of Allotment: October 7, 2025
  • Trading Commencement Date: January 8, 2026
  • Lock-in Period Ends: July 31, 2026
  • Notice Date: January 7, 2026

Impact Assessment

Market Impact: Low. The listing of 1.2 lakh shares represents a relatively small addition to the existing equity base. The shares are locked-in until July 31, 2026, preventing immediate selling pressure.

Operational Impact: Minimal operational impact for trading members. Standard listing procedures apply. The shares rank pari-passu with existing equity, maintaining uniformity in shareholder rights.

Dilution Effect: Limited dilution given the modest size of the preferential allotment. Existing shareholders may experience minor dilution in their ownership percentage.

Impact Justification

Routine preferential allotment of limited share quantity (1.2 lakh shares) with standard lock-in provisions; minimal market impact expected.