Description

51,50,000 equity shares of TITAN INTECH LIMITED listed on BSE from January 14, 2026, issued at Rs. 5.50 per share to non-promoters on preferential basis pursuant to conversion of warrants.

Summary

BSE has notified the listing and admission to trading 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 to non-promoters on a preferential basis pursuant to conversion of warrants, with an issue price of Rs. 5.50 per share (face value Re. 1). The shares are subject to lock-in until July 30, 2026.

Key Points

  • 51,50,000 equity shares of Re. 1 each 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
  • New shares rank pari-passu with existing equity shares
  • Distinctive Numbers: 823426883 to 828576882
  • ISIN: INE807M01031
  • Scrip Code: 521005

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following SEBI guidelines for preferential allotment and warrant conversion.

Compliance Requirements

  • Trading members must note the listing of new securities for trading purposes
  • Lock-in restrictions apply to all 51,50,000 shares until July 30, 2026
  • Shares cannot be transferred or sold during the lock-in period as per SEBI regulations

Important Dates

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

Impact Assessment

Limited market impact as this involves a specific company’s preferential allotment to non-promoters. The issuance represents warrant conversion and increases the company’s equity base by 51.5 lakh shares. Lock-in provisions ensure price stability during the restriction period. This is routine corporate action with impact confined to TITAN INTECH LIMITED shareholders and traders.

Impact Justification

Routine listing notification for preferential allotment of 51.5 lakh shares with standard lock-in period, limited market impact for specific company scrip.