Description
BSE lists 9,50,000 new equity shares of Artificial Electronics Intelligent Material Limited 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) issued to promoters on a preferential basis pursuant to the conversion of warrants. These shares are permitted to trade on the Exchange effective Thursday, March 12, 2026.
Key Points
- 9,50,000 equity shares of Rs. 10/- each issued at a premium of Rs. 30/- (issue price Rs. 40/-) to promoters on a preferential basis
- Shares allotted pursuant to conversion of warrants
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 26719591 to 27669590
- ISIN: INE072B01027
- All 9,50,000 shares are subject to lock-in until 30/09/2027
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 must be observed: all 9,50,000 shares (Dist. Nos. 26719591 to 27669590) are locked in until 30/09/2027
Important Dates
- Date of Allotment: 30/01/2026
- Trading Commencement Date: Thursday, March 12, 2026
- Lock-in Expiry: 30/09/2027
Impact Assessment
The listing increases the total tradable equity of Artificial Electronics Intelligent Material Limited (Scrip Code: 526443) by 9,50,000 shares, though the entire allotment is locked in until September 2027, meaning no immediate increase in floating stock. Market impact is minimal as these shares cannot be traded until the lock-in period expires.
Impact Justification
Routine listing of new equity shares via preferential allotment to promoters following warrant conversion; limited broader market impact, affects only this specific scrip.