Description

BSE lists 1,23,076 new equity shares of Sunita Tools Limited issued on preferential basis to promoters pursuant to conversion of warrants, effective March 5, 2026.

Summary

BSE has listed 1,23,076 new equity shares of Sunita Tools Limited (Scrip Code: 544001) on the Exchange, effective Thursday, March 5, 2026. These shares were issued to promoters on a preferential basis at Rs. 325/- per share (face value Rs. 10/- with a premium of Rs. 315/-) pursuant to conversion of warrants allotted on October 20, 2025.

Key Points

  • 1,23,076 equity shares of Rs. 10/- face value issued at a premium of Rs. 315/- (issue price Rs. 325/-)
  • Shares allotted to Promoters on a preferential basis via warrant conversion
  • New shares rank pari-passu with existing equity shares
  • Distribution numbers: 6110001 to 6233076
  • ISIN: INE0Q1S01010
  • Effective trading date: March 5, 2026

Regulatory Changes

No new regulatory changes. This is a standard listing notice under BSE’s listing framework for newly issued securities following preferential allotment.

Compliance Requirements

  • Trading members are permitted to trade these securities from March 5, 2026 onwards
  • Lock-in restrictions apply: all 1,23,076 shares (Dist. Nos. 6110001–6233076) are locked in until September 30, 2027
  • Members must note the lock-in period and ensure no trading in locked-in shares occurs prior to the lock-in expiry date

Important Dates

  • Date of Allotment: October 20, 2025
  • Effective Trading Date: March 5, 2026
  • Lock-in Expiry: September 30, 2027

Impact Assessment

The listing adds 1,23,076 shares to the tradeable equity pool of Sunita Tools Limited, though these shares are subject to a promoter lock-in until September 30, 2027, meaning they will not be available for open market trading in the near term. Market impact is minimal. The preferential allotment at Rs. 325/- per share signals promoter confidence but may have a marginal dilutive effect on existing shareholders.

Impact Justification

Routine listing of preferentially allotted shares from warrant conversion for a single company; limited market-wide impact, affects only Sunita Tools Limited shareholders and traders.