Description
BSE lists 2,26,087 new equity shares of Aveer Foods Limited issued to promoters on a preferential basis via warrant conversion, effective May 13, 2026.
Summary
BSE has listed 2,26,087 new equity shares of Aveer Foods Limited (Scrip Code: 543737) issued to promoters on a preferential basis through conversion of warrants. These shares are permitted for trading on the Exchange effective Wednesday, May 13, 2026.
Key Points
- 2,26,087 equity shares of Rs. 10/- face value issued at a premium of Rs. 565/- (issue price Rs. 575/-) to promoters
- Shares issued via preferential allotment pursuant to conversion of warrants
- New shares rank pari-passu with existing equity shares
- ISIN: INE09BN01011
- Distribution numbers: 4264340 to 4490426
- All 2,26,087 shares are subject to lock-in until 30 November 2027
Regulatory Changes
No regulatory changes. This is a standard listing notification under BSE’s Listing Operations department for newly allotted securities.
Compliance Requirements
- Trading members are informed of the new securities and permitted to trade them from May 13, 2026
- Lock-in restriction applies to all 2,26,087 shares (distribution numbers 4264340–4490426) until 30/11/2027; these shares cannot be traded during the lock-in period
Important Dates
- Date of Allotment: 11 March 2026
- Effective Date for Trading: 13 May 2026 (Wednesday)
- Lock-in Expiry: 30 November 2027
Impact Assessment
The listing adds 2,26,087 shares to the tradable float of Aveer Foods Limited, though all newly listed shares are locked in until November 2027 and therefore will not be available for open market trading in the near term. The preferential allotment to promoters at Rs. 575/- per share (face value Rs. 10/- + premium Rs. 565/-) reflects the terms agreed at the time of warrant issuance. Overall market impact is minimal given the lock-in and the relatively small share count relative to the company’s existing equity base.
Impact Justification
Routine listing of new shares from preferential allotment to promoters via warrant conversion. Limited broader market impact; affects only Aveer Foods Limited shareholders and trading members.