AUTOINDNSEAutoline Industries Limited· Auto AncillariesLowNeutral
Announced Tue, 17 Jun · 12:30 IST

Autoline Industries Limited has informed the Exchange about Granting/withdrawal/surrender/cancellation/suspension of key licenses/ regulatory approvals

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Autoline Industries has received final trading approvals from both NSE and BSE for 42,12,237 equity shares of Rs. 10 each. These shares were issued at a premium of Rs. 92.50 per share to non-promoters pursuant to the conversion of Compulsorily Convertible Debentures (CCDs) allotted on a preferential basis. The shares, bearing distinctive numbers 38963165 to 43175401, are now listed and admitted to trading on the exchanges effective June 17, 2025. This is a routine post-allotment intimation confirming that the converted shares are now tradable on the stock exchanges.

Likely market impact

This is a procedural confirmation that CCD-converted shares are now tradable, which increases the public float slightly. There is no direct impact on share price, but existing shareholders should note minor dilution has already occurred from the original CCD allotment.