Description
BSE lists 500,000 new equity shares of Kilburn Engineering Ltd (Scrip Code 522101) issued on preferential basis via warrant conversion, effective May 11, 2026.
Summary
BSE has listed 500,000 new equity shares of Kilburn Engineering Ltd (Scrip Code: 522101, ISIN: INE338F01015) issued to Promoters on a preferential basis through conversion of warrants. These shares are permitted to trade on the Exchange effective Monday, May 11, 2026.
Key Points
- 500,000 equity shares of Rs. 10/- each issued at a premium of Rs. 415/- (issue price Rs. 425/-)
- Allotted to Promoters on a preferential basis via conversion of warrants
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 52462859 to 52962858
- Full lock-in applies until November 30, 2027
Regulatory Changes
No regulatory changes. This is a standard listing notice pursuant to a completed preferential allotment.
Compliance Requirements
Trading members are informed that these securities are now listed and tradeable from May 11, 2026. The 500,000 shares are subject to lock-in and cannot be freely traded until November 30, 2027.
Important Dates
- Date of Allotment: March 27, 2026
- Effective Trading Date: May 11, 2026
- Lock-in Expiry: November 30, 2027
Impact Assessment
Limited market impact. The newly listed shares represent a small addition to the float of Kilburn Engineering Ltd. Since all 500,000 shares are locked in until November 2027, there is no immediate dilution effect on the tradeable float. Promoter holding increases as a result of the warrant conversion.
Impact Justification
Routine listing of preferentially allotted shares via warrant conversion for a single mid-cap company; no systemic or broad market impact.