Description

NSE announces listing of 1,800,000 equity shares of Shubhlaxmi Jewel Art Limited on SME EMERGE platform, allotted pursuant to conversion of warrants issued on preferential basis, effective November 24, 2025.

Summary

National Stock Exchange has notified the listing of further issue of equity shares of Shubhlaxmi Jewel Art Limited on the SME EMERGE platform. The listing involves 1,800,000 equity shares of Rs. 10/- each, allotted pursuant to conversion of warrants issued on preferential basis. The securities will be admitted to trading with effect from November 24, 2025.

Key Points

  • Company: Shubhlaxmi Jewel Art Limited
  • Symbol: SHUBHLAXMI
  • Platform: SME EMERGE
  • Number of shares: 1,800,000 equity shares
  • Face value: Rs. 10/- per share
  • Paid-up value: Rs. 10/- per share
  • Issue price: Rs. 14/- per share
  • ISIN: INE01Z401013
  • Market lot: 1,000 shares
  • Date of allotment: May 08, 2023
  • Distinctive number range: 8804001 to 10604000
  • Pari passu: Yes (rank equally with existing shares)
  • Security type: Equity shares allotted pursuant to conversion of warrants issued on preferential basis

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification under Regulation 3.1.1 and 2.5.5 of the National Stock Exchange (Capital Market) Trading Regulations Part A.

Compliance Requirements

  • Shares currently credited under temporary ISIN (IN8*********) in accordance with SEBI circulars CIR/MRD/DP/21/2012 dated August 02, 2012 and CIR/MRD/DP/24/2012 dated September 11, 2012
  • All 1,800,000 shares subject to lock-in until May 24, 2027
  • Trading to be conducted using designated security codes and specified lot sizes

Important Dates

  • Circular date: November 21, 2025
  • Listing effective date: November 24, 2025
  • Date of allotment: May 08, 2023
  • Lock-in expiry date: May 24, 2027

Impact Assessment

Minimal market impact expected. This is a routine administrative listing of shares arising from warrant conversion on preferential basis for an SME company. The shares are subject to lock-in until May 2027, preventing immediate trading. The listing increases the total issued capital but does not change the fundamental operations or market dynamics of the company. Relevant primarily for existing shareholders and those tracking the company’s capital structure.

Impact Justification

Routine listing of additional shares from warrant conversion for an SME company with limited market impact