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  3. Suditi Industries Gets BSE Trading Approval for 39 Lakh Shares via Warrant Conversion
ipo services in India
India IPO
  • 06 May 2026
  • X
 Suditi Industries Gets BSE Trading Approval for 39 Lakh Shares via Warrant Conversion

Suditi Industries Limited received BSE trading approval for 39,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 17.50/- to promoters on a preferential basis via warrant conversion. The shares, bearing distinctive numbers 43216292 to 47116291, were listed effective May 6, 2026, per BSE Notice No. 20260505-14. The intimation was filed under Regulation 30 of SEBI (LODR) Regulations, 2015, and confirmed by Director Pawan Agarwal.

Suditi Industries Gets BSE Trading Approval for 39 Lakh Shares via Warrant Conversion

Suditi Industries Limited has secured trading approval from the Bombay Stock Exchange (BSE) for the listing of 39,00,000 equity shares issued to its promoters on a preferential basis, following the conversion of warrants. The approval was conveyed via a BSE letter referenced as LOD/PREF/SV/56/2026-2027 dated May 5, 2026, and the intimation was made in compliance with Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Details of the Issuance

The approved shares carry a face value of Rs. 10/- each and were issued at a premium of Rs. 17.50/-. The distinctive numbers assigned to these shares range from 43216292 to 47116291. The following table summarises the key parameters of the issuance:

Parameter: Details Number of Shares: 39,00,000 Face Value: Rs. 10/- each Issue Premium: Rs. 17.50/- Distinctive Numbers: 43216292 to 47116291 Recipient: Promoters Basis: Preferential Issue / Warrant Conversion

Listing and Trading Schedule

According to the BSE communication, trading of these securities became effective from Wednesday, May 6, 2026. The exchange issued Notice No. 20260505-14 on May 5, 2026, to inform trading members about the development. The BSE letter was signed by Marian Desouza, Assistant Vice President, and Dhananjay Apte, Deputy Manager, confirming the listing on the exchange.

Regulatory Compliance

The official intimation to the BSE was submitted on May 6, 2026, and was signed by Pawan Agarwal, Director of Suditi Industries Limited, bearing DIN 00808731. The company has requested the exchange to take the information on record, confirming receipt of all necessary approvals for the listing.

Suditi Industries Ltd has submitted its quarterly compliance certificate to the Bombay Stock Exchange, fulfilling regulatory requirements under SEBI's depositories and participants regulations. The submission, dated April 08, 2026, covers the quarter ended March 31, 2026.

Regulatory Compliance Submission

The company submitted the compliance certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The certificate was received from MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, which serves as the company's Registrar and Share Transfer Agent.

Parameter: Details Regulation: SEBI Regulation 74(5) Quarter Covered: Ended March 31, 2026 Submission Date: April 08, 2026 Company Scrip Code: 521113

Certificate Confirmation Details

MUFG Intime India Private Limited confirmed that securities received from depository participants for dematerialisation during the quarter ended March 31, 2026 were properly processed. The registrar confirmed that all securities were accepted or rejected to the depositories and that the securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are listed.

The compliance certificate also confirms that security certificates received for dematerialisation were mutilated and cancelled after due verification by the depository participant. The names of the depositories have been substituted in the register of members as the registered owner within the prescribed timelines.

Corporate Information

Suditi Industries Ltd operates from its administrative office located at C-3/B, M.I.D.C., T.T.C. Industrial Area, Pawne Village, Turbhe, Navi Mumbai. The submission was signed by Director Pawan Agarwal, who holds DIN 00808731. The company maintains its registered office at C-253/254, MIDC, TTC Industrial Area, Pawne Village, Turbhe, Navi Mumbai.

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