Description
Listing of 1,00,000 equity shares of Kilburn Engineering Ltd issued on preferential basis pursuant to conversion of warrants, effective January 23, 2026.
Summary
BSE has announced the listing of 1,00,000 new equity shares of Kilburn Engineering Ltd (Scrip Code: 522101) effective January 23, 2026. These shares were issued to promoters on a preferential basis at Rs. 425 per share (face value Rs. 10 with premium of Rs. 415) pursuant to conversion of warrants. The shares are subject to lock-in until August 30, 2027.
Key Points
- 1,00,000 equity shares of Rs. 10/- each listed
- Issued to promoters on preferential basis through warrant conversion
- Issue price: Rs. 425 per share (Rs. 10 face value + Rs. 415 premium)
- Shares rank pari-passu with existing equity shares
- ISIN: INE338F01015
- Distinctive Numbers: 51437859 to 51537858
- Date of Allotment: December 6, 2025
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members should note the listing of these new securities for trading purposes. The newly listed shares are subject to lock-in restrictions and cannot be transferred until the specified lock-in expiry date.
Important Dates
- Allotment Date: December 6, 2025
- Trading Commencement: January 23, 2026
- Lock-in Expiry: August 30, 2027
Impact Assessment
Minimal market impact expected. This is a routine preferential allotment to promoters through warrant conversion. The relatively small number of shares (1,00,000) and the lock-in period until August 2027 means these shares will not be available for trading in the near term. The shares rank equally with existing equity shares of Kilburn Engineering Ltd.
Impact Justification
Routine listing of new equity shares from warrant conversion with lock-in period; limited market impact due to small issue size and promoter allotment