Indian Terrain Fashions Limited has informed the Exchange about General Updates
INDTERRAIN · price
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Indian Terrain Fashions has received trading approval from NSE and BSE for 49,48,537 equity shares of Rs. 2 face value, allotted at Rs. 50.52 per share (including a premium of Rs. 48.52). These shares were issued to non-promoter entities and individuals through the conversion of warrants into equity shares on a preferential basis. The newly allotted shares will be available for trading on both exchanges starting August 12, 2025. The entire lot of 49,48,537 shares is subject to a lock-in period until May 31, 2026, meaning they cannot be sold by the allottees before that date.
While the shares are now listed and tradable, a lock-in until May 31, 2026 prevents immediate supply pressure. Shareholders should note that roughly 49.5 lakh shares (about 9-10% expansion based on prior capital) will become free to trade post-lock-in, which could create dilution overhang. The capital from this preferential issue was effectively raised earlier when warrants were issued — this is the conversion event becoming functional.