Description
BSE notifies listing and trading permission for 3,50,000 new equity shares of Kilburn Engineering Ltd issued on preferential basis via conversion of warrants, effective February 24, 2026.
Summary
BSE has notified trading members that 3,50,000 new equity shares of Kilburn Engineering Ltd (Scrip Code: 522101, ISIN: INE338F01015) are listed and permitted to trade on the Exchange effective Tuesday, February 24, 2026. These shares were issued on a preferential basis to Promoters and Non-Promoters through conversion of warrants at an issue price of Rs. 425/- per share (face value Rs. 10/- + premium Rs. 415/-).
Key Points
- 3,50,000 equity shares of Rs. 10/- each issued at a premium of Rs. 415/- (issue price Rs. 425/-)
- Issued on preferential basis via conversion of warrants to Promoters and Non-Promoters
- Shares rank pari-passu with existing equity shares
- Trading commences: Tuesday, February 24, 2026
- ISIN: INE338F01015
- Allotment in two tranches: 2,50,000 shares on 24/12/2025 and 1,00,000 shares on 31/12/2025
- Distribution numbers: 51537859 to 51887858
Regulatory Changes
No regulatory changes. This is a standard listing notification for newly allotted securities pursuant to an already approved preferential allotment.
Compliance Requirements
- Trading members may trade these shares from February 24, 2026 onwards
- Lock-in restrictions must be observed for specified tranches (see Important Dates)
Important Dates
- Date of Allotment (2,50,000 shares): December 24, 2025
- Date of Allotment (1,00,000 shares): December 31, 2025
- Trading commencement: February 24, 2026
- Lock-in until 31/08/2026: 1,50,000 shares (Dist. Nos. 51537859 to 51687858)
- Lock-in until 31/08/2027: 1,00,000 shares (Dist. Nos. 51687859 to 51787858)
- Lock-in until 31/08/2027: 1,00,000 shares (Dist. Nos. 51787859 to 51887858)
Impact Assessment
Minimal broad market impact. The listing of 3,50,000 new shares (a small preferential allotment) will marginally increase the total share count of Kilburn Engineering Ltd. The majority of newly listed shares (2,00,000 out of 3,50,000) are locked in until August 2027, limiting immediate float impact. Investors holding or trading KILBURN (522101) should note the lock-in schedule to assess freely tradeable share supply.
Impact Justification
Routine listing notice for a small preferential allotment of 3,50,000 shares via warrant conversion; no regulatory changes or broad market impact.