Mumbai: Anand Rayons Limited has announced the listing of new securities on the stock exchange. The company issued 33,98,000 new equity shares, each worth Rs. 10, at a premium price of Rs. 68 per share. These shares were given to non-promoters through a preferential issue after converting warrants.
The total issue price per share was Rs. 78. These new shares will trade under the same rights as the old equity shares. The shares are allocated with distinct numbers from 14,984,722 to 18,382,721. The date of allotment was February 22, 2025.
The trading of these new shares will start on Thursday, May 29, 2025. There is a lock-in period on these shares: 19,41,000 shares will be locked until December 31, 2025, and 14,57,000 shares will be locked until December 30, 2025.
This information is provided to help trading members and investors stay informed about the new securities available for trading.
