Description
24,00,000 equity shares of Birla Precision Technologies Ltd issued on preferential basis pursuant to warrant conversion listed and permitted to trade with effect from January 22, 2026.
Summary
Birla Precision Technologies Ltd (Scrip Code: 522105) has listed 24,00,000 new equity shares on BSE, effective January 22, 2026. These shares were issued to promoters on a preferential basis at Rs. 64/- per share (face value Rs. 2/- with premium of Rs. 62/-) pursuant to conversion of warrants. The shares are subject to lock-in until July 31, 2027.
Key Points
- 24,00,000 equity shares of Rs. 2/- each listed on BSE
- Issued to promoters on preferential basis through warrant conversion
- Issue price: Rs. 64/- per share (Rs. 2/- face value + Rs. 62/- premium)
- Distribution Numbers: 65987638 to 68387637
- Date of Allotment: September 29, 2025
- ISIN: INE372E01025
- Shares rank pari-passu with existing equity shares
- Complete lock-in of all 24,00,000 shares until July 31, 2027
Regulatory Changes
No regulatory changes. This is a routine listing notification.
Compliance Requirements
Trading members are informed that these securities are listed and permitted for trading from January 22, 2026. The locked-in shares cannot be traded until the lock-in period expires on July 31, 2027.
Important Dates
- Date of Allotment: September 29, 2025
- Trading Commencement Date: January 22, 2026
- Lock-in Expiry Date: July 31, 2027
Impact Assessment
Minimal immediate market impact as all 24,00,000 shares are locked-in until July 2027 and cannot be traded. This is a standard preferential allotment to promoters pursuant to warrant conversion, representing routine capital raising activity. The shares will rank equally with existing equity shares once the lock-in period expires.
Impact Justification
Routine listing of preferential allotment shares pursuant to warrant conversion. Limited market impact due to lock-in period until July 2027.