Description

BSE lists 28,72,340 new equity shares of Jupiter Wagons Limited for trading from February 26, 2026, issued to promoters on a preferential basis via warrant conversion at Rs. 470 per share.

Summary

BSE has notified trading members that 28,72,340 new equity shares of Jupiter Wagons Limited (Scrip Code: 533272) are listed and permitted to trade on the Exchange with effect from Thursday, February 26, 2026. These shares were issued to promoters on a preferential basis pursuant to the conversion of warrants at an issue price of Rs. 470 per share (face value Rs. 10 + premium of Rs. 460).

Key Points

  • Company: Jupiter Wagons Limited (Scrip Code: 533272, ISIN: INE209L01016)
  • New Shares Listed: 28,72,340 equity shares
  • Face Value: Rs. 10/- per share
  • Issue Price: Rs. 470/- per share (Rs. 10 face value + Rs. 460 premium)
  • Nature of Issue: Preferential allotment to Promoters via conversion of warrants
  • Pari-passu: New shares rank pari-passu with existing equity shares
  • Distinctive Numbers: 465164885 to 468037224
  • Trading Effective From: February 26, 2026

Regulatory Changes

No regulatory changes are introduced. This is a standard listing notification pursuant to an approved preferential allotment and warrant conversion.

Compliance Requirements

  • Trading members are informed to update their systems to reflect the new listed securities from February 26, 2026.
  • The newly listed shares carry a lock-in restriction and are not freely tradable until the lock-in expiry date.

Important Dates

  • Date of Allotment: December 19, 2025
  • Trading Commencement Date: February 26, 2026
  • Lock-in Expiry Date: September 2, 2027
  • Shares Under Lock-in: 28,72,340 (all allotted shares, Dist. Nos. 465164885–468037224)

Impact Assessment

The listing adds approximately 28.72 lakh shares to Jupiter Wagons Limited’s equity base. Since all newly listed shares are locked in until September 2, 2027, there is no immediate increase in free-float or selling pressure from this allotment. The overall market impact is minimal in the short term. Investors should note the dilution to existing shareholding and monitor the lock-in expiry date for any potential supply-side impact.

Impact Justification

Routine listing of preferentially allotted shares following warrant conversion; shares are locked in until September 2027, limiting immediate market impact.