BSE has notified the listing and permission to trade of 5,60,000 new equity shares of SPML Infra Limited (Scrip Code: 500402, ISIN: INE937A01023) effective Wednesday, April 29, 2026. The shares were issued to Promoters on a preferential basis at Rs. 215/- per share (face value Rs. 2/- + premium Rs. 213/-) pursuant to conversion of warrants.

Key Points

• 5,60,000 equity shares of Rs. 2/- each issued at a premium of Rs. 213/- (issue price Rs. 215/-)
• Issued to Promoters on a preferential basis via conversion of warrants
• Shares rank pari-passu with existing equity shares
• Distribution numbers: 77271336 to 77831335
• Date of allotment: February 17, 2026
• ISIN: INE937A01023
• All 5,60,000 shares subject to lock-in until November 14, 2027

Regulatory Changes

No regulatory changes. This is a standard listing notification for newly allotted securities under the preferential allotment route.

Compliance Requirements

• Trading members are informed that the new securities are now listed and permitted to trade on BSE from April 29, 2026
• Lock-in restrictions apply to all 5,60,000 shares (Dist. Nos. 77271336 to 77831335) until November 14, 2027

Important Dates

• Date of Allotment: February 17, 2026
• Trading effective date: April 29, 2026
• Lock-in expiry: November 14, 2027

Impact Assessment

The listing adds 5,60,000 new equity shares to SPML Infra Limited’s share capital, resulting in modest dilution for existing shareholders. Since the shares are issued to Promoters and subject to a lock-in until November 2027, there is no immediate free-float impact. The warrant conversion at Rs. 215/- per share reflects the pre-agreed pricing and does not indicate new capital raising activity. Market impact is expected to be low in the short term due to the lock-in period.