Description

NSE notifies the listing of further equity shares for ANI Integrated Services Limited (1,335,000 shares from warrant conversion) and Dhanuka Realty Limited (1,800,000 shares on preferential basis) on SME EMERGE platform effective December 02, 2025.

Summary

National Stock Exchange of India has notified the listing of further equity shares for two companies on the SME EMERGE platform effective December 02, 2025. ANI Integrated Services Limited (AISL) will list 1,335,000 equity shares issued pursuant to conversion of warrants on preferential basis, while Dhanuka Realty Limited (DRL) will list 1,800,000 equity shares issued on preferential basis in accordance with loan agreement terms.

Key Points

  • ANI Integrated Services Limited (AISL):

    • 1,335,000 equity shares of Rs. 10/- each listed
    • Allotted on September 30, 2025 from warrant conversion
    • Issue price: Rs. 100 per share
    • ISIN: INE635Y01015
    • Distinctive Number Range: 10352201 to 11687200
    • Market Lot: 600 shares
    • Lock-in period until: June 15, 2027
    • Pari Passu: Yes

  • Dhanuka Realty Limited (DRL):

    • 1,800,000 equity shares of Rs. 10/- each listed
    • Allotted on August 07, 2025 on preferential basis
    • Issue price: Rs. 25 per share
    • ISIN: INE704V01015
    • Distinctive Number Range: 7740041 to 9540040
    • Market Lot: 6000 shares
    • Lock-in: Not Applicable
    • Pari Passu: Yes

  • Trading will be conducted using designated security codes

  • Securities issued in dematerialized mode under temporary ISIN as per SEBI circulars CIR/MRD/DP/21/2012 and CIR/MRD/DP/24/2012

Regulatory Changes

No regulatory changes introduced. This circular is a notification of further issues admitted to trading as per existing regulations.

Compliance Requirements

  • Trading members must use designated security codes for identification and trading
  • Trading must be conducted in specified lot sizes (600 for AISL, 6000 for DRL)
  • AISL shares subject to lock-in until June 15, 2027 per preferential allotment norms
  • Securities to be traded in accordance with Regulation 3.1.1 and 2.5.5 of NSE Capital Market Trading Regulations Part A

Important Dates

  • Circular Date: December 01, 2025
  • Effective Date: December 02, 2025
  • AISL Allotment Date: September 30, 2025
  • AISL Lock-in Expiry: June 15, 2027
  • DRL Allotment Date: August 07, 2025

Impact Assessment

Market Impact: Low. This is a routine listing notification for two SME segment companies with modest issuance sizes (aggregate value approximately Rs. 17.85 crore). The listings increase tradable float for existing companies rather than introducing new entities.

Operational Impact: Minimal. Trading members need to update their systems with new security details and lot sizes. AISL’s lock-in until mid-2027 restricts immediate trading of these specific shares.

Investor Impact: Limited to existing shareholders and preferential allottees of these two companies. AISL warrant conversion indicates exercise of rights by existing warrant holders. DRL’s preferential issue linked to loan agreement terms suggests structured financing arrangement.

Impact Justification

Routine listing of further issues for two SME segment companies with relatively small issuance sizes, impacting only specific shareholders and companies involved.