Description
11,95,000 equity shares of Panabyte Technologies Limited issued on preferential basis pursuant to warrant conversion to be listed on BSE from January 22, 2026.
Summary
BSE has announced the listing of 11,95,000 new equity shares of Panabyte Technologies Limited (Scrip Code: 538742) with effect from January 22, 2026. These shares were issued at a premium to non-promoters on a preferential basis pursuant to conversion of warrants. 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/-
- Issued to Non-Promoters on preferential basis through warrant conversion
- Issue price: Rs. 19.75/- per share
- Distribution numbers: 5495001 to 6690000
- Date of allotment: October 18, 2025
- ISIN: INE516E01019
- Shares rank pari-passu with existing equity shares
- Trading commences on January 22, 2026
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification following preferential allotment procedures.
Compliance Requirements
Trading members should update their systems to reflect the new securities and lock-in restrictions for Panabyte Technologies Limited.
Important Dates
- Allotment Date: October 18, 2025
- Trading Commencement: January 22, 2026
- Lock-in Period Ends: July 31, 2026
Impact Assessment
The listing represents approximately 21.8% increase in issued capital (from estimated 54,95,000 to 66,90,000 shares based on distribution numbers). The preferential allotment to non-promoters may result in dilution of existing shareholding. Lock-in restrictions ensure these shares cannot be traded until July 31, 2026, limiting immediate market impact. This is a routine corporate action with minimal impact on overall market operations.
Impact Justification
Routine preferential allotment listing with standard lock-in provisions; limited impact on overall market or trading members.