ATACS Technologies530745Preferential allotment listing

BSE Listing Approval Received for ~49.5 lakh Equity Shares Issued on Conversion of Loans

BSE has granted listing approval for ~49.5 lakh equity shares of ACS Technologies Ltd.

By ScoutQuest · Mon 19 Oct 2026, 7:28 PM IST · 2 min read

Shares Approved for Listing

~49.5 lakh equity shares

Face Value per Share

Rs. 10/- each

Issue Premium per Share

Rs. 30.40/- per share

What BSE has approved

• BSE Limited has granted listing approval for ~49.5 lakh equity shares of ACS Technologies Ltd.
• The approval comes through BSE letter reference LOD/PREF/SS/FIP/978/2026-27 dated October 19, 2026.
• The shares are of face value Rs. 10/- each and were issued at a premium of Rs. 30.40/- per share.
• In BSE's own wording, the shares carry distinctive numbers from 69436949 to 74387443.

Who received these shares and why

• The shares were issued on a preferential basis to Non-Promoters.
• The issue was made pursuant to the conversion of Loans, i.e. the shares were allotted against loans rather than for fresh cash coming in.
• Because these are preferential allotments to non-promoter entities, they add to the total number of shares in the company.

What listing approval means, in simple terms

• A company's shares must be admitted to the exchange before they can be traded. Listing approval is that admission step.
• BSE has now agreed that these shares may be dealt in on the Exchange.
• Listing approval is not the same as trading approval; the letter sets out further updates before the shares can actually be traded.

What BSE has asked the company to file before trading approval

• Listing approval from the National Stock Exchange of India Ltd. (if applicable).
• Confirmation letters from NSDL/CDSL about crediting the shares to the respective beneficiary accounts and admitting the capital to the depository system.
• Confirmation letters from NSDL/CDSL about lock-in of the pre-preferential holding (if applicable).
• BSE has also flagged that, as per Schedule XIX of the ICDR Regulations and a SEBI circular dated June 21, 2023, a listed entity must apply for trading approval within seven working days from the date of grant of listing approval.

Points a retail investor can track from here

• The next milestone is the company's update of the trading approval application and the supporting confirmations to BSE.
• The share capital of the company rises with this allotment, so the equity base is larger than before these shares were issued.
• Further disclosures on the credit of these shares to depository accounts and on any lock-in would show when the shares become tradeable.

Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.

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