Description

BSE announces the listing of 1 million equity shares of Tarmat Limited (Scrip Code: 532869) issued at Rs. 95 per share on preferential basis pursuant to warrant conversion, effective January 16, 2026.

Summary

BSE has announced the listing and trading permission for 1 million equity shares of Tarmat Limited (Scrip Code: 532869) effective January 16, 2026. These shares were issued to Non-Promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 95 per share (face value Rs. 10 plus premium of Rs. 85). The shares rank pari-passu with existing equity shares and are subject to lock-in until July 30, 2026.

Key Points

  • Company: Tarmat Limited (Scrip Code: 532869)
  • Number of shares: 1,000,000 equity shares
  • Face value: Rs. 10 per share
  • Premium: Rs. 85 per share
  • Issue price: Rs. 95 per share
  • Issue type: Preferential allotment to Non-Promoters
  • Basis: Conversion of warrants
  • ISIN: INE924H01018
  • Distinctive Numbers: 24064256 to 25064255
  • Date of Allotment: October 23, 2025
  • Trading commencement: January 16, 2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the new securities in their systems
  • All 1 million shares are subject to mandatory lock-in restrictions until July 30, 2026
  • Shares rank pari-passu with existing equity shares of the company

Important Dates

  • Allotment Date: October 23, 2025
  • Trading Start Date: January 16, 2026 (Friday)
  • Lock-in Period Ends: July 30, 2026
  • Notice Date: January 14, 2026

Impact Assessment

Market Impact: Low - This is a company-specific listing event affecting Tarmat Limited only. The addition of 1 million shares represents capital raised through warrant conversion.

Investor Impact: Minimal for general market participants. Relevant primarily for existing shareholders and investors tracking Tarmat Limited’s capital structure changes.

Liquidity Impact: Neutral in near term due to complete lock-in of all newly listed shares until July 30, 2026. Post lock-in expiry, these shares may incrementally increase the floating stock available for trading.

Impact Justification

Routine listing notice for a single company affecting 1 million shares with standard lock-in provisions. Limited market-wide impact.