Indian Terrain Fashions Limited has informed the Exchange about General Updates
INDTERRAIN · price
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Indian Terrain Fashions Limited has received NSE's listing approval for 49,48,537 equity shares of Rs. 2 face value each, allotted at Rs. 50.52 per share through preferential allotment to non-promoter entities and individuals. These shares were issued upon conversion of warrants that had been allotted on a preferential basis. The company had earlier received in-principle approval from NSE and BSE in March 2025, and the BSE listing approval in June 2025. The new shares will be listed and available for trading once NSDL/CDSL confirms the credit to beneficiary accounts.
Shareholders should note a potential dilution of equity due to the addition of nearly 49.5 lakh new shares, though this capital was already raised earlier via warrants. Existing investors may see some short-term supply pressure once these shares begin trading on the exchanges.