Description
Listing and trading permission for 5,27,500 equity shares of Suyog Telematics Limited issued on preferential basis pursuant to conversion of warrants.
Summary
BSE has approved the listing and trading of 5,27,500 equity shares of Suyog Telematics Limited (Scrip Code: 537259) with effect from January 30, 2026. These shares were issued to promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 570 per share (face value Rs. 10 plus premium of Rs. 560).
Key Points
- 5,27,500 equity shares of Rs. 10/- each issued at premium of Rs. 560/-
- Issued to promoters on preferential basis pursuant to warrant conversion
- Date of allotment: October 10, 2025
- Issue price: Rs. 570 per share
- Distinctive numbers: 11189621 to 11717120
- ISIN: INE442P01014
- Shares rank pari-passu with existing equity shares
- All shares subject to lock-in until July 30, 2027
Regulatory Changes
No regulatory changes. This is a standard listing notification.
Compliance Requirements
- Trading members are informed of the new securities available for trading
- Lock-in restrictions must be observed: all 5,27,500 shares (Dist. Nos. 11189621-11717120) are locked-in until July 30, 2027
Important Dates
- Date of Allotment: October 10, 2025
- Trading Commencement: January 30, 2026
- Lock-in Period Ends: July 30, 2027
Impact Assessment
Low impact event. This is a routine preferential allotment listing for a single company. The shares represent a relatively small addition to the company’s equity capital and are subject to a lock-in period until July 2027, limiting immediate trading volume impact. Market participants should note the lock-in restrictions when considering liquidity in this security.
Impact Justification
Routine listing of preferential allotment shares for a single company with limited market-wide impact