enclosed intimation
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rishi Laser Ltd has received BSE trading approval for the listing of 8,00,000 new equity shares of Rs. 10 face value, issued at a premium of Rs. 140 per share (total issue price Rs. 150) to promoters and non-promoter group. The shares were allotted on 7 May 2026 pursuant to the conversion of share warrants allotted on a preferential basis. These shares will be tradable on BSE from Thursday, 4 June 2026, under the existing ISIN INE988D01012, and will rank pari-passu with existing equity shares.
The issuance of 8 lakh new shares will lead to equity dilution for existing shareholders. However, short-term selling pressure is limited as 6,75,000 of these shares are locked-in until 12 December 2026 and the remaining 1,25,000 shares until 12 December 2027. The high issue price (Rs. 150 vs Rs. 10 face value) indicates strong pricing for the warrant holders.