Pursuant to Regulation 30 and other applicable provisions of SEBI (LODR) Regulations, 2015 and in continuation to our intimation to BSE Limited dated March 31, 2025 w.r.t the allotment ....
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Awaiting price reaction for this filing.
Telogica Ltd has submitted an application to BSE Limited on April 17, 2025 seeking listing approval for 21,79,090 equity shares. These shares were previously allotted on conversion of warrants, as intimated to BSE on March 31, 2025. The filing is made under Regulation 30 of SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, 2015. The company, formerly known as Aishwarya Technologies and Telecom Limited, is headquartered in Hyderabad, Telangana. Once BSE approves the listing, these newly issued shares will become available for trading on the exchange.
Existing shareholders may see dilution in their holding as 21,79,090 new shares enter the listed float. Short-term share price could face mild pressure once these shares become tradeable, depending on market conditions and whether warrant holders choose to sell.