Description
Listing of 51,50,000 equity shares of TITAN INTECH LIMITED issued at Rs. 5.50/- on preferential basis pursuant to conversion of warrants, effective January 14, 2026.
Summary
BSE has approved the listing of 51,50,000 new equity shares of TITAN INTECH LIMITED (Scrip Code: 521005) issued to Non-Promoters on a preferential basis pursuant to conversion of warrants. The shares will be available for trading from January 14, 2026, and are subject to a lock-in period until July 30, 2026.
Key Points
- 51,50,000 equity shares of Re. 1/- each issued at a premium of Rs. 4.50/-
- Issue price: Rs. 5.50/- per share
- Issued to Non-Promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- ISIN: INE807M01031
- Distinctive Numbers: 823426883 to 828576882
- Date of Allotment: December 27, 2025
- Trading commencement: January 14, 2026
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the listing of new securities
- All 51,50,000 shares are subject to mandatory lock-in restrictions
Important Dates
- Allotment Date: December 27, 2025
- Trading Commencement: January 14, 2026
- Lock-in Period Expiry: July 30, 2026
Impact Assessment
This is a routine corporate action with minimal market impact. The preferential allotment increases the equity base of TITAN INTECH LIMITED by 51.50 lakh shares. The lock-in period until July 30, 2026 ensures that these shares cannot be traded freely for approximately 6 months, limiting immediate supply impact. This represents a standard capital raising activity through warrant conversion with no broader implications for market operations or other listed entities.
Impact Justification
Routine listing of preferential allotment shares from warrant conversion affecting a single company with limited market-wide impact