Description

BSE notifies listing of 1,60,75,000 new equity shares of Aviva Industries Limited issued on preferential basis pursuant to conversion of warrants, effective April 22, 2026.

Summary

BSE has notified trading members that 1,60,75,000 new equity shares of Aviva Industries Limited (Scrip Code: 512109) are listed and permitted to trade on the Exchange with effect from Wednesday, April 22, 2026. These shares were issued at a premium on a preferential basis to non-promoters pursuant to conversion of warrants.

Key Points

  • 1,60,75,000 equity shares of Rs. 10/- each issued at a premium of Rs. 18/- (issue price Rs. 28/-) to non-promoters on a preferential basis
  • Shares issued pursuant to conversion of warrants
  • New shares rank pari-passu with existing equity shares of the company
  • ISIN: INE461H01011
  • Shares are subject to a lock-in period until November 9, 2026

Regulatory Changes

No new regulatory changes introduced. This is a standard listing notice under BSE’s listing operations framework.

Compliance Requirements

  • Trading members are informed to note the listing of these new securities effective April 22, 2026
  • Lock-in restrictions apply to all 1,60,75,000 shares (Dist. Nos. 1499001–17574000) until November 9, 2026

Important Dates

  • Allotment Date 1: January 16, 2026 — 48,30,000 shares (Dist. Nos. 1499001–6329000)
  • Allotment Date 2: January 17, 2026 — 31,85,000 shares (Dist. Nos. 6329001–9514000)
  • Allotment Date 3: January 20, 2026 — 80,60,000 shares (Dist. Nos. 9514001–17574000)
  • Effective Trading Date: April 22, 2026
  • Lock-in Expiry: November 9, 2026

Impact Assessment

The listing adds 1,60,75,000 new equity shares to the tradeable float of Aviva Industries Limited, though the lock-in period until November 9, 2026 means these shares cannot be traded immediately by their allottees. The preferential issue at Rs. 28/- per share (Rs. 10 face value + Rs. 18 premium) reflects the company’s fundraising via warrant conversion from non-promoters. Existing shareholders should note the dilution effect. Market impact is limited given the lock-in restriction on the newly listed shares.

Impact Justification

Routine listing of new equity shares from preferential allotment via warrant conversion for a specific company; relevant primarily to existing shareholders and traders of Aviva Industries Limited.