Description

BSE lists 10,50,000 new equity shares of Rudra Ecovation Limited issued at Rs. 48/- per share to non-promoters on a preferential basis pursuant to conversion of warrants, effective February 26, 2026.

Summary

BSE has listed 10,50,000 new equity shares of Rudra Ecovation Limited (Scrip Code: 514010) for trading effective Thursday, February 26, 2026. The shares were issued at Rs. 48.00/- per share (face value Rs. 1.00/- + premium Rs. 47.00/-) to non-promoters on a preferential basis, pursuant to conversion of warrants. These shares rank pari-passu with the existing equity shares of the company.

Key Points

  • Number of shares listed: 10,50,000 equity shares
  • Face value: Rs. 1.00/- per share
  • Issue price: Rs. 48.00/- per share (at a premium of Rs. 47.00/-)
  • Issued to: Non-promoters on a preferential basis
  • Basis of issue: Conversion of warrants
  • Distribution numbers: 118278001 to 119328000
  • Date of allotment: January 10, 2026
  • ISIN: INE723D01021
  • Trading effective from: February 26, 2026
  • Pari-passu status: These shares rank equally with existing equity shares

Regulatory Changes

No new regulatory changes. This is a standard listing notification under BSE’s procedures for listing of newly allotted securities on the equity segment.

Compliance Requirements

  • Trading members are informed and permitted to trade these new securities from February 26, 2026.
  • Lock-in restriction applies: all 10,50,000 shares (Dist. Nos. 118278001 to 119328000) are locked in until October 1, 2026.
  • Members must ensure compliance with lock-in restrictions when facilitating transactions in these shares.

Important Dates

  • Date of allotment: January 10, 2026
  • Trading commencement: February 26, 2026
  • Lock-in expiry: October 1, 2026

Impact Assessment

This is a routine preferential allotment listing with limited broad market impact. The addition of 10,50,000 shares increases the tradable float of Rudra Ecovation Limited; however, the entire allotment is subject to lock-in until October 1, 2026, meaning these shares will not be available for trading in the secondary market until that date. Existing shareholders may see a minor dilution effect. No systemic or sector-wide impact is anticipated.

Impact Justification

Routine listing of new equity shares from preferential allotment to non-promoters via warrant conversion; no broad market impact, affects only existing and prospective shareholders of Rudra Ecovation Limited.