Description

BSE lists 19,17,44,917 new equity shares of Asgard Alcobev Limited (Scrip Code 512025) for trading effective May 14, 2026, issued on a preferential basis via conversion of warrants.

Summary

BSE has listed 19,17,44,917 new equity shares of Asgard Alcobev Limited (Scrip Code: 512025, ISIN: INE767M01029) for trading with effect from Thursday, May 14, 2026. The shares were issued at Rs. 1.45/- per share (face value Rs. 1/- plus premium of Rs. 0.45/-) to Non-Promoters on a preferential basis pursuant to conversion of warrants.

Key Points

  • Company: Asgard Alcobev Limited (Scrip Code: 512025)
  • ISIN: INE767M01029
  • New shares listed: 19,17,44,917 equity shares of Rs. 1/- each
  • Issue price: Rs. 1.45/- per share (face value Rs. 1/- + premium Rs. 0.45/-)
  • Allottees: Non-Promoters on preferential basis via warrant conversion
  • Distribution numbers: 119788001 to 311532917
  • Trading effective: Thursday, May 14, 2026
  • New shares rank pari-passu with existing equity shares

Regulatory Changes

No new regulatory changes. This is a standard listing notice under BSE’s Listing Operations for newly allotted equity shares pursuant to a preferential warrant conversion.

Compliance Requirements

  • Trading members are informed to permit trading of the new securities from May 14, 2026 onwards
  • Lock-in restrictions must be observed as specified; locked-in shares cannot be traded until respective lock-in expiry dates

Important Dates

  • Date of Allotment (Tranche 1): February 17, 2026 — 19,00,74,917 shares
  • Date of Allotment (Tranche 2): February 18, 2026 — 16,70,000 shares
  • Trading commencement: May 14, 2026
  • Lock-in expiry (6,23,06,584 shares; Dist. Nos. 11,97,88,001–18,20,94,584): November 15, 2027
  • Lock-in expiry (12,94,38,333 shares; Dist. Nos. 18,20,94,585–31,15,32,917): November 15, 2026

Impact Assessment

The listing results in a significant increase in the tradable equity of Asgard Alcobev Limited, with over 191 million new shares admitted to trading. Existing shareholders face dilution. However, a substantial portion of the new shares (approximately 19.17 crore) are subject to lock-in until November 2026 or November 2027, limiting immediate selling pressure. The preferential allotment at Rs. 1.45/- per share reflects the conversion price agreed at the time of warrant issuance. Market participants should note the lock-in schedule when assessing near-term liquidity in this scrip.

Impact Justification

Routine listing of newly issued equity shares on preferential basis via warrant conversion; affects existing shareholders through dilution but is a standard corporate action with defined lock-in periods.