Destiny Logistics & Infra Limited has obtained NSE trading approval for 52,41,000 and 7,39,500 equity shares resulting from warrant conversion, with official listing effective April 24, 2026. The shares carry structured lock-in periods with the majority locked until October 2027, and the approval process involved applications filed in January 2026 following the initial warrant issuance application from September 2024.

NSE Grants Trading Approval for Destiny Logistics & Infra's Preferential Allotment

Destiny Logistics & Infra Limited has secured trading approval from the National Stock Exchange of India Limited for the preferential allotment of 52,41,000 and 7,39,500 fully paid-up equity shares following the conversion of warrants. The shares, each with a face value of Rs. 10, have been listed and admitted to dealings on the exchange effective April 24, 2026.

Background and Application Timeline

The company had submitted an in-principle application for the issuance of convertible warrants on a preferential basis on September 4, 2024. Subsequently, listing applications were filed on January 12, 2026, and January 25, 2026, for the allotment of 52,41,000 and 7,39,500 equity shares respectively. The trading approval was received from NSE for both batches of equity shares through official approval letters dated April 23, 2026.

Share Allotment Details

The equity shares have been allotted under the DESTINY symbol in the SM series. The NSE approval letters, signed by Manager Srishti Soni, confirmed the listing of both tranches of shares with specific distinctive number ranges.

Sr. No. Security Description Symbol Series No. of Securities Distinctive Numbers 1 Equity shares of Rs. 10/- each allotted pursuant to conversion of warrants issued on preferential basis DESTINY SM 5241000 15388001 to 20629000 2 Equity shares of Rs. 10/- each allotted pursuant to conversion of warrants issued on preferential basis DESTINY SM 739500 20629001 to 21368500

Lock-in Period Structure

The allotment includes specific lock-in periods for different share batches as detailed in the NSE approval annexures. The lock-in arrangements are structured to ensure compliance with regulatory requirements for preferential allotments.

No. of Shares Distinctive Numbers From Distinctive Numbers To Lock-in Until 4200000 15388001 19588000 31-Oct-2027 1041000 19588001 20629000 31-Oct-2026 649500 20629001 21278500 31-Oct-2027 90000 21278501 21368500 31-Oct-2026

Regulatory Compliance

The intimation was submitted by Rekha Bhagat, Managing Director of the company, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The NSE has also advised the company to use the NEAPS (NSE Electronic Application Processing System) for all future critical and price-sensitive information submissions, ensuring efficient processing of regulatory filings.

We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better.

Stock Markets are the true indicator of the growth of any country's economy. We are bullish on India, we are bullish on India's prospects to be one of largest economies of the world. We believe that Stock Markets provide an unique opportunity for all Indians to participate in the growth story of India. We are enabling the same for Indians.

As financial services are becoming more accessible, there is now a large set of Indians today who are financially aware and literate. They value time and seek high quality products & services. Most screening, trading, investing platforms available today are more or less similar to each other, and they have not evolved with time. While both traders & investors have gotten smart about how they make money and build wealth, as users they have continued to use the same products, features, and platforms that were available for years with little or no innovation. We plan to change that - a technology-led platform built for super traders and long term investors.