Trading approval received for 13,73,625 preferential shares, admitted to dealings from October 7, 2026

Trading approval received from NSE and BSE for 13,73,625 equity shares allotted on a preferential basis.

Tue 6 Oct 2026

Shares allotted on preferential basis

13,73,625 equity shares

Face value / issue price / premium

Face value ₹ 10/- each; issue price ₹ 2,002/- each, including a premium of ₹ 1,992/-

Admitted to dealings from

October 7, 2026

What the company informed the exchanges

Spectrum Electrical Industries has informed NSE and BSE that it has received trading approval for 13,73,625 fully paid-up equity shares allotted on a preferential basis. Each share has a face value of ₹ 10/- and was issued at ₹ 2,002/-, which includes a premium of ₹ 1,992/-, for cash.

The approval letters are from NSE (letter no. NSE/LIST/57850) and BSE (letter no. LOD/PREF/DD/62/2026-27), read with BSE Notice No. 20261006-18, all dated October 06, 2026.

What trading approval means

• Trading approval is the exchange's clearance that allows a newly allotted set of shares to be bought and sold on the market.
• Until this approval comes, allotted shares sit in the allottee's demat account but cannot be traded on the exchange.
• The shares are listed and permitted to trade with effect from Wednesday, October 7, 2026, on the exchange.
• The date of allotment shown is 11/09/2026.

Lock-in details

• The entire lot of 13,73,625 shares, bearing distinctive numbers 15713841 to 17087465, carries a lock-in up to 10/04/2027.
• These shares were issued to Non-Promoters on a preferential basis.
• The new shares rank pari-passu with the company's existing equity shares, meaning they carry the same rights as the old shares.

Numbers from the update

• Number of equity shares: 13,73,625
• Face value per share: ₹ 10/-
• Issue price per share: ₹ 2,002/-
• Premium per share: ₹ 1,992/-
• Distinctive numbers: 15713841 to 17087465

Points a retail investor may note

This intimation marks the step that follows the preferential allotment: the exchanges have now allowed these shares to trade. From October 7, 2026, this block of shares becomes part of the tradable equity of the company.

The lock-in means the allottees cannot sell these shares until April 10, 2027. The shares were issued to persons who are not part of the promoter group, and the issue was made for cash.

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