NSE has notified the listing of further issues of securities for two SME Emerge companies — Destiny Logistics & Infra Limited (DESTINY) and Sameera Agro And Infra Limited (SAIFL) — effective April 24, 2026. The additional securities arise from preferential warrant conversions (DESTINY) and a bonus issue (SAIFL), all under Series SM.

Key Points

• Destiny Logistics & Infra Limited (DESTINY, ISIN: INE0IGO01011) is listing two tranches totalling 5,980,500 equity shares of Rs. 10 each at an issue price of Rs. 33 per share, allotted pursuant to conversion of warrants on a preferential basis.
• First tranche: 5,241,000 shares allotted on December 24, 2025 (distinctive numbers 15388001–20629000).
• Second tranche: 739,500 shares allotted on January 5, 2026 (distinctive numbers 20629001–21368500).
• Sameera Agro And Infra Limited (SAIFL, ISIN: INE0PZA01015) is listing 32,599,200 bonus equity shares of Rs. 10 each allotted on June 18, 2025 (distinctive numbers 24060201–56659400).
• Market lot for DESTINY is 1,500 shares; for SAIFL is 4,000 shares.
• All new shares rank pari passu with existing equity shares.
• Lock-in restrictions apply to portions of each allotment as detailed in the respective Annexures.

Regulatory Changes

No new regulatory changes are introduced. This circular is issued in pursuance of:

• Regulation 3.1.1 of the NSE Capital Market Trading Regulations Part A (admission of securities to dealings).
• Regulation 2.5.5 of the NSE Capital Market Trading Regulations Part A (lot sizes).

Compliance Requirements

• Trading members must identify these securities solely by their designated NSE codes (DESTINY, SAIFL) and trade only in the prescribed market lot sizes.
• Shares allotted in dematerialised mode are currently credited under temporary ISINs (IN8*) per SEBI circulars CIR/MRD/DP/21/2012 and CIR/MRD/DP/24/2012; activation of the permanent ISIN will follow as per applicable SEBI guidelines.
• Lock-in restrictions must be observed for the specified share quantities until their respective expiry dates.

Important Dates

Impact Assessment

The impact is confined to the two SME Emerge-listed companies and their investors. DESTINY’s combined additional float of ~5.98 million shares at Rs. 33 expands its listed share capital, though a majority remains under lock-in until October 2027. SAIFL’s 32.6 million bonus shares represent a significant increase in listed float but are partially subject to lock-in until January 2027. Broader market impact is negligible given the SME segment size and routine nature of the notification.