Description
160,000 equity shares of Innovana Thinklabs Limited listed on BSE following conversion of warrants issued on preferential basis to non-promoters.
Summary
BSE has listed 160,000 equity shares of Innovana Thinklabs Limited (Scrip Code: 544302) effective January 21, 2026. These shares were issued at a premium of Rs. 421/- per share to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are ranking pari-passu with existing equity shares.
Key Points
- 160,000 equity shares of face value Rs. 10/- each listed
- Issue price: Rs. 431/- per share (Rs. 10 face value + Rs. 421 premium)
- Issued to non-promoters on preferential basis
- Allotment pursuant to warrant conversion
- Distribution numbers: 20500001 to 20660000
- ISIN: INE403Y01018
- Shares rank pari-passu with existing equity shares
- Trading commences: January 21, 2026
Regulatory Changes
No regulatory changes. This is a routine listing notification following SEBI preferential allotment regulations.
Compliance Requirements
- Trading members must note the new securities for trading from January 21, 2026
- Lock-in restrictions apply as specified and must be enforced
Important Dates
- Allotment Date: October 13, 2025
- Trading Commencement: January 21, 2026
- Lock-in Expiry (150,000 shares): July 30, 2026
- Lock-in Expiry (10,000 shares): July 29, 2026
Lock-in Details
- 150,000 shares (Dist. Nos. 20500001 to 20650000): Locked-in until July 30, 2026
- 10,000 shares (Dist. Nos. 20650001 to 20660000): Locked-in until July 29, 2026
Impact Assessment
Minimal market impact. The listing represents a small preferential allotment of 160,000 shares with most shares (150,000) under lock-in until July 2026. This is a routine corporate action for existing listed company Innovana Thinklabs Limited. Trading members should update their records for the new distribution numbers and ensure lock-in restrictions are properly enforced.
Impact Justification
Routine listing of preferential allotment shares with minimal market impact given small issue size of 160,000 shares