Description
21,180,000 equity shares of Salasar Techno Engineering Limited issued on preferential basis pursuant to warrant conversion are listed and permitted to trade with effect from January 13, 2026.
Summary
BSE has announced the listing of 21,180,000 new equity shares of Salasar Techno Engineering Limited (Scrip Code: 540642) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares are permitted to trade on the Exchange with effect from January 13, 2026.
Key Points
- 21,180,000 equity shares of Re. 1/- each issued at a premium of Rs. 13.40/-
- Issue price: Rs. 14.40/- per share
- Shares issued to Promoters on preferential basis pursuant to warrant conversion
- Distribution Numbers: 1726770291 to 1747950290
- Date of Allotment: October 13, 2025
- ISIN: INE170V01027
- Shares rank pari-passu with existing equity shares
- All 21,180,000 shares are subject to lock-in until July 31, 2027
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members of BSE must note the listing of these new securities for trading purposes. The locked-in shares cannot be traded until the lock-in period expires on July 31, 2027.
Important Dates
- Notice Date: January 12, 2026
- Date of Allotment: October 13, 2025
- Trading Commencement Date: January 13, 2026
- Lock-in Expiry Date: July 31, 2027
Impact Assessment
This is a routine listing notification following preferential allotment to promoters through warrant conversion. The shares represent approximately 21.18 million additional equity shares in circulation. Given the lock-in period until July 31, 2027, these shares will not be available for trading in the immediate term, limiting any dilution impact on existing shareholders. The listing is part of standard corporate fundraising activities and has minimal market-wide impact.
Impact Justification
Routine listing of preferential allotment shares post-warrant conversion. Standard corporate action with no immediate market-wide implications.