Description
BSE lists 14,00,000 new equity shares of Aayush Art and Bullion Limited issued on a preferential basis to Promoters via warrant conversion, effective February 23, 2026.
Summary
BSE Notice No. 20260220-16 informs trading members that 14,00,000 new equity shares of Aayush Art and Bullion Limited (Scrip Code: 540718) are listed and permitted to trade on the Exchange effective Monday, February 23, 2026. These shares were issued to Promoters on a preferential basis pursuant to conversion of warrants.
Key Points
- 14,00,000 equity shares of face value Rs. 10/- each issued at a premium of Rs. 102.60/- (issue price Rs. 112.60/-)
- Issued to Promoters on a preferential basis via conversion of warrants
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 13912176 to 15312175
- Date of allotment: December 7, 2024
- ISIN: INE777X01017
- All 14,00,000 shares are subject to lock-in until September 30, 2027
Regulatory Changes
No regulatory changes. This is a standard listing notification following a completed preferential allotment.
Compliance Requirements
- Trading members are informed of the new securities and may facilitate trading from February 23, 2026 onward
- The locked-in shares (dist. nos. 13912176 to 15312175) cannot be traded until September 30, 2027
Important Dates
- Date of Allotment: December 7, 2024
- Trading Commencement: February 23, 2026 (Monday)
- Lock-in Expiry: September 30, 2027
Impact Assessment
Limited market impact. The addition of 14,00,000 shares represents a routine expansion of the promoter holding via warrant conversion. The entire tranche is locked in until September 2027, meaning no immediate increase in floating supply. Trading members should update their records with the new distribution numbers and ISIN for settlement purposes.
Impact Justification
Routine listing of preferentially allotted shares following warrant conversion by promoters; no broad market or regulatory change involved.