Description

BSE notifies listing and trading permission for 1,050,000 new equity shares of Rudra Ecovation Limited issued on preferential basis via conversion of warrants, effective February 26, 2026.

Summary

BSE has notified trading members that 1,050,000 new equity shares of Rudra Ecovation Limited (Scrip Code: 514010) are listed and permitted to trade on the Exchange with effect from February 26, 2026. These shares were issued to Non-Promoters on a preferential basis pursuant to the conversion of warrants at an issue price of Rs. 48.00 per share.

Key Points

  • 1,050,000 equity shares of face value Rs. 1.00/- each issued at a premium of Rs. 47.00 per share
  • Issued to Non-Promoters on a preferential basis via conversion of warrants
  • New shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 118278001 to 119328000
  • ISIN: INE723D01021
  • All 1,050,000 shares are subject to lock-in until October 1, 2026

Regulatory Changes

No regulatory changes. This is a standard listing notification pursuant to a preferential allotment and warrant conversion already approved by the company.

Compliance Requirements

  • Trading members are informed that the new securities are available for trading from February 26, 2026
  • The lock-in restriction on all 1,050,000 shares (Dist. Nos. 118278001 to 119328000) must be observed until October 1, 2026

Important Dates

  • Date of Allotment: January 10, 2026
  • Listing / Trading Effective Date: February 26, 2026 (Thursday)
  • Lock-in Expiry: October 1, 2026

Impact Assessment

The listing of these 1,050,000 equity shares represents a moderate equity dilution for existing shareholders of Rudra Ecovation Limited. Market impact is limited in the near term as the entire tranche is under lock-in until October 1, 2026, meaning these shares cannot be traded until that date. Post lock-in expiry, the release of these shares into the market could introduce incremental selling pressure depending on market conditions at that time.

Impact Justification

Routine listing of new equity shares from warrant conversion on preferential basis. Limited market impact as shares are subject to lock-in until October 2026 and represent a standard corporate action.