Receipt of listing approval for 12,50,000 equity shares allotted to promoters on preferential basis

Listing approval received from BSE and NSE for 12,50,000 equity shares allotted to promoters on a preferential basis, face value Rs.1 each, issue price Rs. 600/- per share.

Fri 2 Oct 2026

Shares allotted

12,50,000 equity shares allotted to promoters on a preferential basis

Face value

Rs.1 each

Issue price

Rs. 600/- per share

Premium

premium of Rs. 599/- each

Distinctive numbers

312456861 to 313706860

Listing approvals received for promoter preferential allotment shares

The company has informed the exchanges that it has received approvals for the listing of 12,50,000 equity shares that were allotted to the promoters on a preferential basis.

Share and price details

• 12,50,000 equity shares of face value Rs.1 each
• Allotted to the promoters on a preferential basis
• Issue price: Rs. 600/- per equity share
• BSE's letter records the shares as issued at a premium of Rs. 599/- each
• Distinctive numbers of the shares: 312456861 to 313706860

Approvals received

• BSE Ltd, vide letter bearing reference no. LOD/PREF/NJ/FIP/878/2026-27 dated October 01, 2026
• National Stock Exchange of India Ltd, vide letter bearing reference no. NSE/LIST/57597 dated October 01, 2026
• NSE describes its approval as an in-principle approval for listing; the shares will be listed and admitted to dealings on receipt of confirmation from the depositories, NSDL and CDSL, for credit of beneficiaries' accounts
• BSE states it is pleased to grant listing approval for the shares to be dealt in on the Exchange

What still has to happen before trading

• BSE has said trading approval for these shares will be granted only after the company files the NSE listing approval, confirmation letters from NSDL/CDSL about crediting the shares to the respective beneficiary accounts and admitting the capital to the depository system, and confirmation letters from NSDL/CDSL about lock-in of pre-preferential holding, if applicable, all shared together
• The company is to make the application for trading approval within seven working days from the date of grant of listing approval by the exchange
• BSE has also advised that if there is a change exceeding two per cent of the total paid-up share capital of the company, the shareholding pattern must be shared in XBRL mode under Regulation 31(1)(c)

What this means for a retail investor

• The shares covered by this intimation are the same 12,50,000 shares already allotted to the promoters on a preferential basis; this update is the intimation that the exchanges have approved the listing of those shares
• The listing approvals are a step in the process of bringing the shares to the market; the shares are to be listed and admitted to dealings once the depositories confirm credit to the beneficiaries' accounts
• NSE has stated it reserves the right to withdraw its in-principle approval at a later stage if the information submitted is found to be incomplete, incorrect, misleading or false, or in contravention of any rules, bye-laws and regulations of the Exchange, SEBI (LODR) Regulations, 2015, and guidelines or regulations issued by statutory authorities

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