Description
BSE announces listing of 2,434,100 equity shares of Shish Industries Limited issued on preferential basis pursuant to warrant conversion, effective January 30, 2026.
Summary
BSE has announced the listing of 2,434,100 equity shares of Shish Industries Limited (Scrip Code: 540693) effective from Friday, January 30, 2026. These shares were issued at Rs. 12.01 per share to non-promoters on a preferential basis pursuant to conversion of warrants and rank pari-passu with existing equity shares.
Key Points
- 2,434,100 equity shares of Rs. 1.00 face value issued at premium of Rs. 11.01
- Issue price: Rs. 12.01 per share
- Allotment date: November 9, 2025
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Distinguished numbers: 379516451 to 381950550
- ISIN: INE145Y01023
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
Trading members are informed that these securities are permitted to trade on the Exchange from January 30, 2026.
Important Dates
- Allotment Date: November 9, 2025
- Listing Date: January 30, 2026
- Lock-in Expiry: July 31, 2026
Impact Assessment
This is a routine listing notification for preferentially allotted shares. All 2,434,100 shares are subject to lock-in until July 31, 2026, limiting immediate trading impact. The warrant conversion represents dilution for existing shareholders but follows standard corporate action procedures for fundraising.
Impact Justification
Routine listing of preferentially allotted shares from warrant conversion for a small-cap company with limited market impact