Description
527,500 equity shares of Suyog Telematics Limited issued on preferential basis to promoters pursuant to warrant conversion are listed and permitted to trade from January 30, 2026.
Summary
BSE has listed 527,500 equity shares of Suyog Telematics Limited (Scrip Code: 537259) issued on a preferential basis to promoters pursuant to conversion of warrants. The shares are permitted to trade with effect from Friday, January 30, 2026, and rank pari-passu with existing equity shares.
Key Points
- Number of shares: 527,500 equity shares of Rs. 10/- each
- Issue price: Rs. 570/- per share (Rs. 10/- face value + Rs. 560/- premium)
- Allotment basis: Preferential allotment to promoters
- Issuance reason: Conversion of warrants
- Distribution numbers: 11189621 to 11717120
- Date of allotment: October 10, 2025
- ISIN: INE442P01014
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. This is a routine listing notification for new securities.
Compliance Requirements
Trading members are informed of the listing and should ensure proper trading arrangements for the new securities from the effective date.
Important Dates
- Date of Allotment: October 10, 2025
- Trading Commencement: January 30, 2026 (Friday)
- Lock-in Period Expiry: July 30, 2027
Impact Assessment
Market Impact: Low. The preferential allotment of 527,500 shares represents a relatively small issue to promoters only, with no immediate free float impact due to the lock-in period until July 2027.
Operational Impact: Minimal. Standard listing procedure for warrant conversion with no special trading arrangements required.
Lock-in Details: All 527,500 shares (distribution numbers 11189621-11717120) are subject to lock-in until July 30, 2027, preventing any near-term dilution in the tradable float.
Impact Justification
Routine listing of new shares from warrant conversion on preferential basis to promoters with standard lock-in period; limited market impact due to small issue size and promoter subscription