Description
BSE announces listing of 1,00,000 equity shares of Kilburn Engineering Ltd issued on preferential basis to promoters pursuant to conversion of warrants, effective January 23, 2026.
Summary
BSE has announced the listing of 1,00,000 equity shares of Kilburn Engineering Ltd (Scrip Code: 522101) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares will be available for trading from January 23, 2026, and are subject to lock-in until August 30, 2027.
Key Points
- 1,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 415/-
- Issued to promoters on preferential basis through warrant conversion
- Issue price: Rs. 425/- per share
- Distinctive numbers: 51437859 to 51537858
- Date of allotment: December 6, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE338F01015
- Complete lock-in on all shares until August 30, 2027
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members should note the listing of new securities
- Lock-in restrictions must be enforced until August 30, 2027
- No trading permitted in locked-in shares during the restriction period
Important Dates
- Notice Date: January 22, 2026
- Date of Allotment: December 6, 2025
- Trading Commencement: January 23, 2026
- Lock-in Period Ends: August 30, 2027
Impact Assessment
Minimal market impact expected. This is a routine preferential allotment to promoters representing a small number of shares (1,00,000) with complete lock-in for approximately 19 months. The shares are issued pursuant to warrant conversion and increase promoter holding. No immediate trading activity expected due to lock-in restrictions.
Impact Justification
Routine listing notice for small preferential allotment to promoters with minimal market impact