Description
44,40,000 equity shares of ERAAYA LIFESPACES LIMITED issued on preferential basis to promoters pursuant to conversion of warrants, listed and permitted to trade from February 3, 2026.
Summary
BSE has notified the listing of 44,40,000 new equity shares of ERAAYA LIFESPACES LIMITED (Scrip Code: 531035) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares are listed and permitted to trade on the Exchange with effect from Tuesday, February 3, 2026. These shares rank pari-passu with the existing equity shares of the company.
Key Points
- 44,40,000 equity shares of Re. 1/- each issued at a premium of Rs. 80/-
- Issue price: Rs. 81/- per share
- Allotment date: December 29, 2025
- Distinctive numbers: 194894161 to 199334160
- ISIN: INE432F01032
- All shares subject to lock-in until August 15, 2027
- Shares issued to promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced in this circular.
Compliance Requirements
Trading members are informed of the listing and should note the lock-in restrictions applicable to these securities. The entire allotment of 44,40,000 shares (Dist. Nos. 194894161-199334160) is locked-in until August 15, 2027.
Important Dates
- Allotment Date: December 29, 2025
- Trading Commencement: February 3, 2026
- Lock-in Expiry: August 15, 2027
Impact Assessment
This is a routine listing notification for preferential allotment to promoters. The market impact is minimal as all shares are subject to lock-in restrictions until August 2027, preventing immediate trading. The conversion of warrants into equity shares increases the paid-up capital of ERAAYA LIFESPACES LIMITED by 44,40,000 shares, representing funds infusion of Rs. 3.59 crores (44,40,000 shares × Rs. 81).
Impact Justification
Routine listing of preferential allotment shares to promoters with standard lock-in. No material market impact expected as shares are locked-in until August 2027.