Description

BSE announces listing of 28,301 equity shares of Borosil Renewables Limited issued on preferential basis pursuant to warrant conversion, effective January 13, 2026.

Summary

BSE has approved the listing of 28,301 equity shares of Re.1/- each of Borosil Renewables Limited (Scrip Code: 502219) issued to non-promoters on a preferential basis pursuant to conversion of warrants. The shares will be available for trading from January 13, 2026, and are subject to lock-in until July 19, 2026.

Key Points

  • 28,301 new equity shares of face value Re.1/- each listed
  • Issued at a premium of Rs.529/- (total issue price: Rs.530/-)
  • Issued to non-promoters on preferential basis through warrant conversion
  • Shares rank pari-passu with existing equity shares
  • Distinguished Numbers: 145122825 to 145151125
  • ISIN: INE666D01022
  • Date of Allotment: October 28, 2025

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the listing of these new securities
  • All 28,301 shares are subject to lock-in restrictions until July 19, 2026
  • Shares are issued pursuant to preferential allotment regulations

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. The listing involves a small number of shares (28,301) representing a minor addition to the existing float of Borosil Renewables Limited. The shares are subject to lock-in until July 19, 2026, preventing immediate sale. This is a routine corporate action arising from warrant conversion under preferential allotment norms.

Impact Justification

Routine listing of small number of shares (28,301) from warrant conversion with minimal market impact