Submission of trading approval letter received dated 06-08-2025
Awaiting price reaction for this filing.
I-Power Solutions India Ltd has received trading approval from BSE for 14,50,000 equity shares of Rs. 10 face value, issued at Rs. 20 per share (including a Rs. 10 premium) on a preferential basis to identified non-promoter investors. The shares will be tradable on the exchange effective Thursday, August 7, 2025, with distinctive numbers ranging from 4449001 to 5899000. The total issue size at the issue price amounts to Rs. 2.90 crore. The disclosure is made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements.
Existing shareholders may see a mild dilution of roughly 14.5 lakh new shares entering the market. The issue was priced at a premium rather than a discount, and the recipient base is non-promoters, so this is a routine capital-raising step rather than a negative signal.