Description
BSE lists 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 listed 47,385 new equity shares of Sunita Tools Limited (Scrip Code: 544001) for trading on the Exchange effective Friday, March 6, 2026. The shares were issued on a preferential basis to Promoter and Non-Promoter shareholders pursuant to the conversion of warrants at an issue price of Rs. 325/- per share.
Key Points
- 47,385 equity shares of Rs. 10/- each issued at a premium of Rs. 315/- per share
- Issue price: Rs. 325/- per share
- Issued to Promoter and Non-Promoter on a preferential basis via warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 6233077 to 6280461
- ISIN: INE0Q1S01010
- Trading effective from March 6, 2026
Regulatory Changes
No regulatory changes. This is a routine listing notice pursuant to preferential allotment and warrant conversion.
Compliance Requirements
Trading members are informed that the new securities are listed and permitted to trade from March 6, 2026. 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
- Trading Effective From: March 6, 2026
- Lock-in Period Expiry: September 30, 2027 (for all 47,385 shares, Dist. Nos. 6233077–6280461)
Impact Assessment
Minimal market impact. The listing involves a small number of shares (47,385) in Sunita Tools Limited issued at Rs. 325/- per share. All newly listed shares are under lock-in until September 30, 2027, meaning they will not be available for open market trading in the near term. This is a standard preferential allotment listing with no broader market or systemic implications.
Impact Justification
Routine listing of a small tranche of preferential allotment shares for a single company; limited broader market impact.