Description
BSE notifies listing of 32,00,000 new equity shares of Eraaya Lifespaces Limited issued on preferential basis via conversion of warrants, effective March 9, 2026.
Summary
BSE has notified that 32,00,000 new equity shares of Eraaya Lifespaces Limited (Scrip Code: 531035) are listed and permitted to trade on the Exchange effective Monday, March 9, 2026. These shares were issued at a premium of Rs. 80/- (issue price Rs. 81/-) to Promoters on a preferential basis, pursuant to the conversion of warrants.
Key Points
- 32,00,000 equity shares of Re. 1/- each issued at a premium of Rs. 80/- per share (issue price: Rs. 81/-)
- Shares allotted to Promoters on a preferential basis via conversion of warrants
- New shares rank pari-passu with existing equity shares
- ISIN: INE432F01032
- Distribution numbers: 203494161 to 206694160
- Date of allotment: January 5, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification for newly allotted securities.
Compliance Requirements
- Trading members are informed to permit trading in these new securities from March 9, 2026
- The 32,00,000 shares are subject to lock-in until September 20, 2027
Important Dates
- Date of Allotment: January 5, 2026
- Trading Commencement: March 9, 2026 (Monday)
- Lock-in Expiry: September 20, 2027
Impact Assessment
The listing adds 32,00,000 shares to the tradable float of Eraaya Lifespaces Limited, though these are subject to lock-in until September 2027, meaning they will not be available for trading in the near term. The preferential allotment to promoters via warrant conversion may slightly increase promoter shareholding. Overall market impact is minimal and confined to existing shareholders and traders in this scrip.
Impact Justification
Routine listing of preferentially allotted shares from warrant conversion for a single company; limited broader market impact.