Description
Listing of 2,11,80,000 equity shares of Salasar Techno Engineering Limited issued on preferential basis pursuant to conversion of warrants, effective from January 13, 2026.
Summary
BSE has announced the listing of 2,11,80,000 new equity shares of Salasar Techno Engineering Limited (Scrip Code: 540642) effective from Tuesday, January 13, 2026. These shares were issued at a premium to promoters on a preferential basis pursuant to the conversion of warrants. The shares are subject to a lock-in period until July 31, 2027.
Key Points
- 2,11,80,000 equity shares of Re. 1/- each issued at a premium of Rs. 13.40/-
- Issue price: Rs. 14.40/- per share
- Allotted to promoters on a preferential basis pursuant to conversion of warrants
- Date of allotment: October 13, 2025
- Distinctive numbers: 1726770291 to 1747950290
- ISIN: INE170V01027
- Shares rank pari-passu with existing equity shares
- Trading permitted from January 13, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification following preferential allotment procedures.
Compliance Requirements
Trading members are informed that these new securities are listed and permitted for trading on the Exchange. No specific compliance actions required from trading members.
Important Dates
- Date of Allotment: October 13, 2025
- Trading Commencement Date: January 13, 2026
- Lock-in Period Ends: July 31, 2027
Impact Assessment
Market Impact: Minimal immediate impact as all 2.118 crore shares are subject to lock-in until July 31, 2027, preventing trading by promoters. The shares will increase the total outstanding equity but will not affect immediate liquidity or trading volumes. The preferential allotment to promoters at Rs. 14.40 per share indicates promoter confidence and capital infusion into the company.
Impact Justification
Routine listing notification for preferential allotment to promoters with lock-in period. Limited impact on general trading as shares are locked until July 2027.