Description

BSE announces listing of 51,50,000 equity shares of Titan Intech Limited issued at premium to non-promoters on preferential basis pursuant to warrant conversion, effective January 14, 2026.

Summary

BSE has approved the listing of 51,50,000 new equity shares of Titan Intech Limited (Scrip Code: 521005) with effect from Wednesday, January 14, 2026. These shares were issued at a premium of Rs. 4.50 per share (face value Re. 1) to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to a lock-in period until July 30, 2026.

Key Points

  • 51,50,000 equity shares of Re. 1 face value issued at premium of Rs. 4.50 per share
  • Total issue price: Rs. 5.50 per share
  • Issued to non-promoters on preferential basis pursuant to warrant conversion
  • Date of allotment: December 27, 2025
  • Trading commencement: January 14, 2026
  • Distribution numbers: 823426883 to 828576882
  • ISIN: INE807M01031
  • Shares rank 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 must note:

  • New securities are available for trading from January 14, 2026
  • All 51,50,000 shares are subject to lock-in restrictions until July 30, 2026
  • Lock-in applies to distribution numbers 823426883-828576882

Important Dates

  • Allotment Date: December 27, 2025
  • Trading Commencement: January 14, 2026
  • Lock-in Expiry: July 30, 2026

Impact Assessment

Market Impact: Low - The listing represents a preferential allotment to non-promoters through warrant conversion. With complete lock-in until July 30, 2026, there will be no immediate selling pressure from these shares.

Operational Impact: Minimal - This is a routine listing procedure. Trading members should update their systems to reflect the increased share capital and lock-in restrictions for the specified distribution numbers.

Company Impact: The warrant conversion brings Rs. 2.83 crores (approximately) to the company and increases the equity base, potentially improving liquidity post lock-in expiry.

Impact Justification

Routine listing of new securities from warrant conversion with lock-in period; limited market impact as shares represent preferential allotment to non-promoters