Description

NSE notifies listing of 250,000 equity shares of Jay Jalaram Technologies Limited allotted pursuant to conversion of warrants issued on preferential basis, effective December 24, 2025.

Summary

National Stock Exchange has notified the listing of further issue of 250,000 equity shares of Jay Jalaram Technologies Limited (Symbol: KORE) on the SME EMERGE platform, effective December 24, 2025. These shares were allotted pursuant to conversion of warrants issued on preferential basis on November 13, 2025.

Key Points

  • Company: Jay Jalaram Technologies Limited
  • Symbol: KORE
  • Series: SM (SME)
  • ISIN: INE0J6801010 (temporary ISIN: IN8*********)
  • Number of Securities: 250,000 equity shares
  • Face Value: Rs. 10 per share
  • Paid-up Value: Rs. 10 per share
  • Issue Price: Rs. 399 per share
  • Market Lot: 250 shares
  • Distinctive Number Range: 11875001 to 12125000
  • Date of Allotment: November 13, 2025
  • Pari Passu: Yes
  • Lock-in Expiry Date: June 30, 2027

Regulatory Changes

No regulatory changes. 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 are allotted in dematerialized mode and credited under temporary ISIN in accordance with SEBI circulars CIR/MRD/DP/21/2012 (August 02, 2012) and CIR/MRD/DP/24/2012 (September 11, 2012) regarding activation of ISIN for additional issue of shares/securities
  • Trading will use designated security codes only
  • Trading lot size is 250 shares as specified

Important Dates

  • Circular Date: December 23, 2025
  • Effective Date: December 24, 2025
  • Allotment Date: November 13, 2025
  • Lock-in Expiry Date: June 30, 2027

Impact Assessment

Minimal market impact expected. This is a standard listing of shares on the SME EMERGE platform resulting from warrant conversion on preferential basis. The issue size of 250,000 shares is relatively small. The shares carry a lock-in period until June 30, 2027, which will restrict immediate tradability. The circular is informational in nature for members to facilitate trading from December 24, 2025.

Impact Justification

Routine listing notification for a small number of shares (250,000) on SME EMERGE platform resulting from warrant conversion. Limited market impact due to SME segment and modest issue size.