Description
Listing of 2,434,100 equity shares of Shish Industries Limited issued on preferential basis pursuant to conversion of warrants, effective January 30, 2026.
Summary
BSE has listed 2,434,100 equity shares of Shish Industries Limited (Scrip Code: 540693) issued to Non-Promoters on a preferential basis pursuant to conversion of warrants. The shares are permitted to trade on the Exchange with effect from Friday, January 30, 2026. The shares are subject to lock-in until July 31, 2026.
Key Points
- Number of shares listed: 2,434,100 equity shares of Rs. 1.00/- each
- Issue type: Preferential issue to Non-Promoters pursuant to warrant conversion
- Issue price: Rs. 12.01/- (Face value Rs. 1.00 + Premium Rs. 11.01)
- Distinctive numbers: 379516451 to 381950550
- Date of allotment: November 9, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE145Y01023
- Scrip Code: 540693
Regulatory Changes
No regulatory changes introduced in this circular.
Compliance Requirements
Trading members of the Exchange are informed that these securities are now listed and permitted for trading. The shares are subject to lock-in restrictions as specified.
Important Dates
- Date of allotment: November 9, 2025
- Trading commencement date: January 30, 2026
- Lock-in expiry date: July 31, 2026
Impact Assessment
This is a routine listing circular for Shish Industries Limited with minimal market impact. The preferential allotment of 2.43 million shares increases the company’s equity base. All shares are subject to lock-in until July 31, 2026, preventing immediate selling pressure. The shares rank equally with existing equity shares in all respects.
Impact Justification
Routine listing of equity shares from warrant conversion for a single company with lock-in restrictions; limited immediate market impact.