Description
Response Informatics Limited lists 2,58,000 equity shares issued to promoters on preferential basis pursuant to conversion of warrants, effective January 30, 2026.
Summary
BSE has approved the listing of 2,58,000 equity shares of Response Informatics Limited (Scrip Code: 538273) issued on preferential basis to promoters pursuant to conversion of warrants. The shares will commence trading on January 30, 2026, and are subject to lock-in until August 31, 2027.
Key Points
- 2,58,000 equity shares of Rs. 10/- each issued at a premium of Rs. 68/-
- Issued to promoters on preferential basis pursuant to conversion of warrants
- Shares rank pari-passu with existing equity shares
- Distinctive Numbers: 8263403 to 8521402
- Issue price: Rs. 78/- per share
- ISIN: INE401B01010
- Date of allotment: November 28, 2025
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members are informed of the new securities listing
- All 2,58,000 shares are subject to mandatory lock-in provisions
- Lock-in period compliance must be maintained until August 31, 2027
Important Dates
- Date of Allotment: November 28, 2025
- Trading Commencement: January 30, 2026
- Lock-in Period Expiry: August 31, 2027
Impact Assessment
This is a routine listing of preferentially allotted shares to promoters following warrant conversion. The market impact is minimal as the shares are locked-in for approximately 19 months and represent a small portion of issued capital. The preferential allotment to promoters indicates continued promoter commitment to the company. No immediate trading activity is expected due to lock-in restrictions.
Impact Justification
Routine listing notice for preferential allotment to promoters with standard lock-in period. Limited market impact due to small issue size and promoter-only allocation.