Description
28,301 equity shares of Borosil Renewables Limited issued at Rs. 530/- per share on preferential basis pursuant to warrant conversion, listed and permitted to trade from January 13, 2026.
Summary
BSE has approved the listing of 28,301 new equity shares of Borosil Renewables Limited (Scrip Code: 502219) issued on preferential basis to non-promoters pursuant to warrant conversion. These shares will commence trading from Tuesday, January 13, 2026, and are subject to lock-in restrictions until July 19, 2026.
Key Points
- 28,301 equity shares of Re. 1/- each issued at premium of Rs. 529/-
- Issue price: Rs. 530/- per share
- Allotted to non-promoters on preferential basis
- Shares issued pursuant to conversion of warrants
- Date of allotment: October 28, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE666D01022
- Distinctive Numbers: 145122825 to 145151125
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members are informed to note the listing of new securities
- All 28,301 shares are subject to lock-in restrictions as per preferential allotment norms
- Shares cannot be transferred or sold until the lock-in period expires
Important Dates
- Date of Allotment: October 28, 2025
- Trading Commencement Date: January 13, 2026
- Lock-in Expiry Date: July 19, 2026
Impact Assessment
Minimal market impact expected as this is a routine administrative listing of a small quantity of shares (28,301 shares representing approximately 0.03% assuming typical equity base). The shares are issued to non-promoters on warrant conversion and are subject to lock-in until mid-2026, preventing immediate trading impact. This is a standard capital raising activity through preferential allotment route.
Impact Justification
Routine listing of small quantity of shares (28,301) from warrant conversion with lock-in period, minimal market impact expected.