Description
527,500 equity shares of Suyog Telematics Limited issued at Rs. 570/- per share to promoters on preferential basis pursuant to conversion of warrants, effective January 30, 2026.
Summary
BSE has listed 527,500 new equity shares of Suyog Telematics Limited (Scrip Code: 537259) issued to promoters on a preferential basis pursuant to conversion of warrants. The securities will be available for trading from January 30, 2026, and are subject to lock-in until July 30, 2027.
Key Points
- 527,500 equity shares of Rs. 10/- each issued at a premium of Rs. 560/-
- Issue price: Rs. 570/- per share
- Issued to promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distinguished numbers: 11189621 to 11717120
- ISIN: INE442P01014
- Date of allotment: October 10, 2025
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed of the new securities listing and should update their systems accordingly for trading commencing January 30, 2026.
Important Dates
- Allotment Date: October 10, 2025
- Trading Commencement: January 30, 2026
- Lock-in Expiry: July 30, 2027
Impact Assessment
Minimal market impact expected as this is a routine preferential allotment to promoters following warrant conversion. The entire allotment of 527,500 shares is subject to lock-in until July 30, 2027, preventing immediate trading by the allottees. The shares will rank pari-passu with existing equity shares once the lock-in period expires.
Impact Justification
Routine listing of preferential allotment to promoters following warrant conversion. Limited market impact as shares are locked-in until July 2027.