Description
BSE lists 9,50,000 new equity shares of Artificial Electronics Intelligent Material Limited (Scrip Code: 526443) issued to promoters on a preferential basis via warrant conversion, effective March 12, 2026.
Summary
BSE has listed 9,50,000 new equity shares of Artificial Electronics Intelligent Material Limited (Scrip Code: 526443, ISIN: INE072B01027) 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 the conversion of warrants allotted on January 30, 2026.
Key Points
- Company: Artificial Electronics Intelligent Material Limited (Scrip Code: 526443)
- Number of Shares: 9,50,000 equity shares
- Face Value: Rs. 10/- each
- Issue Price: Rs. 40/- per share (Rs. 10 face value + Rs. 30 premium)
- Allotment Basis: Preferential allotment to Promoters via conversion of warrants
- ISIN: INE072B01027
- Distribution Nos.: 26719591 to 27669590
- Pari-passu: New shares rank pari-passu with existing equity shares
Regulatory Changes
No new regulatory changes introduced. This circular is a standard listing notice pursuant to SEBI preferential allotment and warrant conversion regulations.
Compliance Requirements
- Trading members are informed that the new securities are listed and permitted for trading from March 12, 2026.
- The 9,50,000 shares are subject to lock-in and cannot be traded by the promoters until the lock-in expiry date.
Important Dates
- Date of Allotment: January 30, 2026
- Trading Effective Date: March 12, 2026
- Lock-in Expiry: September 30, 2027 (for all 9,50,000 shares, Dist. Nos. 26719591 to 27669590)
Impact Assessment
The listing increases the total share count of Artificial Electronics Intelligent Material Limited by 9,50,000 shares, which may have a minor dilutive effect on existing shareholders. Since these shares are issued to promoters on a preferential basis and are locked in until September 30, 2027, there is no immediate supply addition to the open market. Market impact is expected to be low in the short term. Investors should note the promoter stake increase and the future unlocking date of September 2027.
Impact Justification
Routine preferential allotment listing via warrant conversion with lock-in until September 2027; affects promoter shareholding but limited broader market impact.