Description
44,40,000 equity shares of ERAAYA LIFESPACES LIMITED listed on BSE with effect from February 3, 2026, issued at Rs. 81/- per share on preferential basis pursuant to conversion of warrants.
Summary
BSE has listed 44,40,000 new equity shares of ERAAYA LIFESPACES LIMITED (Scrip Code: 531035) with effect from February 3, 2026. These shares were issued at a premium of Rs. 80/- (face value Re. 1/-) to promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in until August 15, 2027.
Key Points
- 44,40,000 equity shares of Re. 1/- each listed on BSE
- Issue price: Rs. 81/- per share (Re. 1/- face value + Rs. 80/- premium)
- Issued to promoters on preferential basis pursuant to warrant conversion
- Date of allotment: December 29, 2025
- Trading permitted from: February 3, 2026 (Tuesday)
- ISIN: INE432F01032
- Distinguished Numbers: 194894161 to 199334160
- New shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed about the listing of new securities and should update their systems accordingly to reflect the increased share capital of ERAAYA LIFESPACES LIMITED.
Important Dates
- Date of Allotment: December 29, 2025
- Trading Commencement Date: February 3, 2026
- Lock-in Period Ends: August 15, 2027
Impact Assessment
This is a routine corporate action involving preferential allotment to promoters. The lock-in period until August 15, 2027 means these shares cannot be traded for approximately 18 months, limiting immediate market impact. The new shares rank pari-passu with existing shares, maintaining equal rights for all shareholders. The issuance represents capital raising through warrant conversion, which was likely pre-disclosed and expected by the market.
Impact Justification
Routine listing of new shares issued to promoters on preferential basis with standard lock-in period. Limited market impact as shares are locked-in until August 2027.