Trading approval received for 24,99,999 equity shares issued at Rs. 14/- on conversion of warrants
Raconteur Global Resources has received trading approval from BSE for 24,99,999 equity shares of Rs. 10/- each, issued at a premium of Rs. 4/- (issue price Rs. 14/-) to Non-Promoters on a preferential basis.
- Shares approved for trading
- 24,99,999 equity shares
- Issue price
- Rs. 14/- (face value Rs. 10/- each, premium Rs. 4/-)
- Lock-in period
- up to 30/05/2027
Trading approval received for warrant-converted shares
The company has informed the exchange that it has received trading approval from BSE Limited for 2499999 equity shares. A trading approval is the exchange's permission for a set of newly issued shares to be bought and sold on the exchange.
Details of the issue
- Number of shares: 2499999 equity shares
- Face value: Rs. 10/- per share
- Premium: Rs. 4/- per share
- Issue price: Rs. 14/- per share
- Allottees: Non-Promoters, on a preferential basis
- Route: pursuant to conversion of warrants
- Date of allotment: 02/07/2026
- BSE notice no.: 20261007-24 dated 07th October, 2026
What changes now
- BSE has informed trading members that these new securities are listed and permitted to trade on the exchange with effect from Thursday, October 8, 2026.
- The shares rank pari-passu with the old equity shares of the company, which means they carry the same rights as the existing shares.
Lock-in
- All 24,99,999 shares, in the distinctive number range 10777845 to 13277843, are under lock-in up to 30/05/2027.
How a retail investor can read this
- The shares were allotted earlier, on 02/07/2026. The trading approval is the step that makes this lot tradeable on the exchange.
- The allotment was made to Non-Promoters on conversion of warrants, so this lot forms part of the company's issued equity shares.
- Even though the shares are permitted to trade, the lock-in means the holders of this lot cannot sell them until 30/05/2027.
Perception
- Updates of this kind mark the completion of a listing formality for shares that have already been issued, and the accompanying lock-in is a restriction on sale by the allottees until the lock-in period ends.
More numbers
- Equity shares for which trading approval was received2499999
- Face value per shareRs. 10/-
- Premium per shareRs. 4/-
- Issue price per shareRs. 14/-
- Shares under lock-in24,99,999
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