Description
BSE notifies listing and trading permission for 32,00,000 new equity shares of Eraaya Lifespaces Limited issued on preferential basis to Promoters 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 conversion of warrants.
Key Points
- 32,00,000 equity shares of Re. 1/- each issued at a premium of Rs. 80/- (issue price Rs. 81/-)
- Issued to Promoters on a preferential basis via conversion of warrants
- Shares rank pari-passu with existing equity shares of the company
- Distribution numbers: 203494161 to 206694160
- ISIN: INE432F01032
- 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 of these new securities from March 9, 2026
- All 32,00,000 shares are subject to lock-in until September 20, 2027, as they were issued to Promoters on a preferential basis
Important Dates
- Date of Allotment: January 5, 2026
- Trading Commencement: March 9, 2026
- Lock-in Expiry: September 20, 2027
Impact Assessment
The listing adds 32,00,000 shares to the tradable float of Eraaya Lifespaces Limited (Scrip Code: 531035), though all newly listed shares are under promoter lock-in until September 20, 2027 and will not be available for public trading during that period. Market impact is minimal given the lock-in restriction and the routine nature of this preferential allotment.
Impact Justification
Routine listing of newly allotted preferential shares for a single company; no regulatory changes or broad market impact. Relevant primarily to existing shareholders and traders of Eraaya Lifespaces.