Description

BSE lists 3,25,000 new equity shares of SPML Infra Limited issued to Promoters on a preferential basis via conversion of warrants, effective May 6, 2026.

Summary

BSE Notice No. 20260505-22 informs trading members that 3,25,000 new equity shares of SPML Infra Limited (Scrip Code: 500402) have been listed and are permitted to trade on the Exchange with effect from Wednesday, May 6, 2026. The shares were issued to Promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 215/- per share (face value Rs. 2/- plus premium of Rs. 213/-).

Key Points

  • 3,25,000 equity shares of Rs. 2/- each issued at a premium of Rs. 213/- (total issue price Rs. 215/-) to Promoters via preferential allotment
  • Shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 77831336 to 78156335
  • Date of allotment: 02 March 2026
  • ISIN: INE937A01023
  • All 3,25,000 shares are subject to lock-in until 14 November 2027

Regulatory Changes

No regulatory changes. This is a standard listing notification for newly allotted securities.

Compliance Requirements

Trading members are informed to update their records to reflect the listing of these new securities effective May 6, 2026. The lock-in restriction on all 3,25,000 shares must be observed until 14 November 2027.

Important Dates

  • Allotment Date: 02 March 2026
  • Trading Commencement: 06 May 2026
  • Lock-in Expiry: 14 November 2027

Impact Assessment

The listing adds 3,25,000 equity shares to SPML Infra Limited’s tradable equity base; however, since all newly listed shares are under lock-in until November 2027, there is no immediate increase in free-float. Market impact is minimal in the near term. The preferential allotment to Promoters at Rs. 215/- per share reflects a warrant conversion, which may marginally increase Promoter shareholding percentage.

Impact Justification

Routine listing of new shares from preferential allotment/warrant conversion for a single company; shares carry a lock-in until November 2027 limiting immediate tradable float impact.