Listing and Trading Approval Received for 26,94,316 Preferential Equity Shares
BSE has listed and permitted trading of 26,94,316 equity shares of Rs. 10 each, issued at a premium of Rs. 41.50 (issue price Rs. 51.50) to Non Promoters on a preferential basis, with effect from Thursday, September 24, 2026.
By ScoutQuest · · 1 min read
- Shares Issued
- 26,94,316 equity shares of Rs. 10 each
- Issue Price
- Rs. 51.50 per share
- Premium
- Rs. 41.50
- Allotment Date
- 18/08/2026
- Lock-in Period
- up to 06/04/2027
What was shared
The company informed BSE that it has received approval from the stock exchange for the listing and trading of 26,94,316 equity shares of Rs. 10 each, issued at a premium of Rs. 41.50 on a preferential basis.
The shares have been listed and permitted to trade with effect from Thursday, September 24, 2026.
Details from the exchange notice
- Issued to Non Promoters on a preferential basis
- Issue price: Rs. 51.50 per share
- Date of allotment: 18/08/2026
- Distinctive numbers: 6113351 to 8807666
- These shares rank pari-passu with the old equity shares
- Lock-in: all 26,94,316 shares locked in up to 06/04/2027
What it means for investors
Preferential allotment adds new shares to the company's equity base, which increases the total number of shares outstanding. Until 06/04/2027 these particular shares are under lock-in, so they cannot be freely sold during that period. Being pari-passu means they carry the same rights as existing shares.
More numbers
- Equity shares listed26,94,316 equity shares
- Face value per shareRs. 10 each
- Premium per shareRs. 41.50/-
- Issue price per shareRs. 51.50/-
- Shares under lock-in26,94,316
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