Description
Listing and trading of 2,78,300 equity shares issued on preferential basis pursuant to conversion of warrants, effective February 1, 2026.
Summary
BSE has announced the listing of 2,78,300 equity shares of Emkay Global Financial Services Ltd (Scrip Code: 532737) issued to promoters on a preferential basis pursuant to conversion of warrants. The new securities will be permitted to trade on the Exchange from February 1, 2026, and rank pari-passu with existing equity shares. All shares are subject to lock-in until July 31, 2027.
Key Points
- 2,78,300 equity shares of Rs. 10/- each issued at a premium of Rs. 229.50/-
- Issue price: Rs. 239.50 per share
- Issued to promoters on preferential basis pursuant to warrant conversion
- Distinctive numbers: 25632464 to 25910763
- Date of allotment: December 12, 2025
- ISIN: INE296H01011
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. This is a standard listing notification for new securities.
Compliance Requirements
- Trading members must note the listing of new securities effective from February 1, 2026
- All 2,78,300 shares are subject to lock-in restrictions
Important Dates
- Allotment Date: December 12, 2025
- Trading Commencement: February 1, 2026
- Lock-in Expiry: July 31, 2027 (for all 2,78,300 shares with distinctive numbers 25632464 to 25910763)
Impact Assessment
Minimal market impact expected as this is a preferential allotment to promoters following warrant conversion. The shares represent a relatively small addition to the company’s equity base and are subject to a lock-in period until July 2027, preventing immediate trading by the allottees. This is a routine corporate action with no immediate liquidity or price implications for the broader market.
Impact Justification
Routine listing of preferential shares to promoters; limited market impact with shares under lock-in until July 2027