Description
BSE notifies listing of 47,385 new equity shares of Sunita Tools Limited, issued on a preferential basis pursuant to conversion of warrants, effective March 6, 2026.
Summary
BSE has notified trading members that 47,385 new equity shares of Sunita Tools Limited (Scrip Code: 544001, ISIN: INE0Q1S01010) are listed and permitted to trade on the Exchange with effect from Friday, March 6, 2026. The shares were issued on a preferential basis to Promoter and Non-Promoter categories pursuant to conversion of warrants.
Key Points
- 47,385 equity shares of Rs. 10/- each issued at a premium of Rs. 315/- (issue price Rs. 325/- per share)
- Allotted to both Promoter and Non-Promoter on a preferential basis via warrant conversion
- Shares rank pari-passu with existing equity shares of the company
- Distribution numbers: 6233077 to 6280461
- Date of allotment: October 30, 2025
- Trading permitted from March 6, 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 listing of these new securities. All 47,385 shares are subject to a lock-in period and cannot be freely traded until the lock-in expires.
Important Dates
- Date of Allotment: October 30, 2025
- Listing/Trading effective date: March 6, 2026
- Lock-in expiry: September 30, 2027 (applicable to all 47,385 shares, Dist. Nos. 6233077–6280461)
Impact Assessment
The listing has minimal broader market impact as it involves a small number of shares (47,385) in a single company. The shares are locked in until September 30, 2027, meaning no immediate increase in freely tradable float. Market participants and trading members should update their records to reflect the new securities available under Scrip Code 544001.
Impact Justification
Routine listing of a small preferential allotment (47,385 shares) for a single company following warrant conversion. No regulatory changes or broad market impact.