Description
BSE informs trading members that 1,050,000 equity shares of Rudra Ecovation Limited are listed and permitted to trade effective February 26, 2026, issued on a preferential basis pursuant to conversion of warrants.
Summary
BSE has notified trading members that 1,050,000 new equity shares of Rudra Ecovation Limited (Scrip Code: 514010) have been listed and are permitted to trade on the Exchange effective Thursday, February 26, 2026. The shares were issued on a preferential basis to Non-Promoters pursuant to the conversion of warrants.
Key Points
- 1,050,000 equity shares of Rs. 1.00/- each issued at a premium of Rs. 47.00/- (issue price Rs. 48.00/-)
- Shares issued to Non-Promoters on a preferential basis via conversion of warrants
- New shares rank pari-passu with existing equity shares
- ISIN: INE723D01021
- Distribution numbers: 118278001 to 119328000
- Date of allotment: January 10, 2026
- Effective trading date: February 26, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification for newly allotted securities.
Compliance Requirements
- Trading members are informed to note the new securities available for trading from February 26, 2026
- Lock-in applies to all 1,050,000 shares (Dist. Nos. 118278001 to 119328000) until October 1, 2026
Important Dates
- Date of Allotment: January 10, 2026
- Trading Commencement: February 26, 2026
- Lock-in Expiry: October 1, 2026
Impact Assessment
Limited market impact. The listing adds 1,050,000 shares to the tradeable float of Rudra Ecovation Limited; however, all newly listed shares are under lock-in until October 1, 2026, meaning they cannot be traded until that date. The issue price of Rs. 48.00/- (face value Rs. 1.00/- plus premium of Rs. 47.00/-) provides a reference point for market participants.
Impact Justification
Routine listing of new equity shares from preferential allotment via warrant conversion for a single company; no broad market or regulatory implications.