Description
BSE notifies listing of 1,50,000 new equity shares of Kilburn Engineering Ltd. issued on a preferential basis via conversion of warrants, effective April 23, 2026.
Summary
BSE Notice No. 20260422-9 informs trading members that 1,50,000 new equity shares of Kilburn Engineering Ltd. (Scrip Code: 522101) have been listed and permitted to trade on BSE with effect from Thursday, April 23, 2026. The shares were issued to Non-Promoters on a preferential basis pursuant to the conversion of warrants.
Key Points
- 1,50,000 equity shares of Rs. 10/- each issued at a premium of Rs. 415/- (issue price Rs. 425.00/-)
- Issued to Non-Promoters on a preferential basis via conversion of warrants
- New shares rank pari-passu with existing equity shares of the company
- ISIN: INE338F01015
- Distribution numbers: 52312859 to 52462858
- Date of allotment: March 5, 2026
- Entire lot of 1,50,000 shares is subject to lock-in until November 10, 2026
Regulatory Changes
No regulatory changes introduced. This is a routine listing notification under BSE’s listing operations.
Compliance Requirements
- Trading members must note the new securities and their tradeable status from April 23, 2026
- Lock-in restriction on all 1,50,000 shares must be observed until November 10, 2026; these shares cannot be sold or transferred during the lock-in period
Important Dates
- Allotment Date: March 5, 2026
- Trading Commencement: April 23, 2026
- Lock-in Expiry: November 10, 2026
Impact Assessment
Minimal market impact. The issuance of 1,50,000 shares at Rs. 425/- represents a small preferential allotment for Kilburn Engineering Ltd. The entire allotment is locked in until November 2026, meaning no additional selling pressure will arise from these shares in the near term. Existing shareholders face marginal dilution. No systemic or sector-wide implications.
Impact Justification
Routine listing of new equity shares from warrant conversion for a single company; small issuance size of 1.5 lakh shares with no broader market or regulatory implications.