Description
BSE lists 9,50,000 new equity shares of Artificial Electronics Intelligent Material Limited for trading from March 12, 2026, issued to promoters on a preferential basis pursuant to conversion of warrants.
Summary
BSE has listed 9,50,000 new equity shares of Artificial Electronics Intelligent Material Limited (Scrip Code: 526443) for trading effective Thursday, March 12, 2026. The shares were issued to promoters on a preferential basis at Rs. 40/- per share (face value Rs. 10/- + premium Rs. 30/-) pursuant to conversion of warrants allotted on January 30, 2026.
Key Points
- 9,50,000 equity shares of Rs. 10/- each issued at a premium of Rs. 30/- (issue price Rs. 40/-)
- Shares issued to Promoters on a preferential basis via warrant conversion
- New shares rank pari-passu with existing equity shares
- ISIN: INE072B01027
- Distribution numbers: 26719591 to 27669590
- Date of Allotment: January 30, 2026
- Trading permitted from March 12, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification for newly allotted securities.
Compliance Requirements
- Trading members are informed that the new securities are listed and permitted to trade from March 12, 2026
- Lock-in restriction applies: all 9,50,000 shares (Dist. Nos. 26719591 to 27669590) are locked in until September 30, 2027
- Members must not facilitate trading of locked-in shares until the lock-in period expires
Important Dates
- Date of Allotment: January 30, 2026
- Trading Commencement Date: March 12, 2026
- Lock-in Expiry Date: September 30, 2027
Impact Assessment
The listing adds 9,50,000 shares to the tradable float of Artificial Electronics Intelligent Material Limited; however, since all newly listed shares are subject to a lock-in period until September 30, 2027, there is no immediate increase in free-float. Market impact is minimal. The preferential allotment at Rs. 40/- per share reflects the agreed conversion price for the warrants previously held by promoters.
Impact Justification
Routine listing of preferential allotment shares for a small-cap company; limited broader market impact. Lock-in period applicable until September 2027 restricts immediate trading of these shares.