Description
11,95,000 equity shares of Panabyte Technologies Limited issued on preferential basis pursuant to warrant conversion are listed and permitted to trade with effect from January 22, 2026.
Summary
Panabyte Technologies Limited (Scrip Code: 538742) has listed 11,95,000 new equity shares on BSE effective January 22, 2026. These shares were issued at Rs. 19.75 per share (face value Rs. 10 plus premium of Rs. 9.75) to non-promoters on a preferential basis pursuant to conversion of warrants. The allotment was completed on October 18, 2025, and the shares are subject to lock-in until July 31, 2026.
Key Points
- 11,95,000 equity shares of Rs. 10 each issued at premium of Rs. 9.75
- Issue price: Rs. 19.75 per share
- Issued to non-promoters on preferential basis through warrant conversion
- Distribution numbers: 5495001 to 6690000
- ISIN: INE516E01019
- Shares rank pari-passu with existing equity shares
- Trading commences: January 22, 2026
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members must note the listing of these new securities and ensure proper handling of trades in these instruments from the effective date.
Important Dates
- Date of Allotment: October 18, 2025
- Trading Commencement: January 22, 2026
- Lock-in Expiry: July 31, 2026
Impact Assessment
The listing represents a modest expansion of Panabyte Technologies’ equity capital base (approximately 11.95 lakh shares). The shares are subject to lock-in until July 31, 2026, which limits immediate trading liquidity. The preferential allotment to non-promoters at Rs. 19.75 per share provides capital to the company while the lock-in period ensures commitment from allottees. Market impact is expected to be minimal given the relatively small issue size and trading restrictions.
Impact Justification
Routine listing of preferential allotment shares with limited market impact due to modest issue size and lock-in restrictions.