Description
69,32,824 new equity shares of Vishal Fabrics Limited issued at premium are listed for trading from July 28, 2025.
Summary
BSE has announced the listing of 69,32,824 new equity shares of Vishal Fabrics Limited (Scrip Code: 538598) for trading from July 28, 2025. These shares were issued at a premium of Rs. 25.60 per share to non-promoters through preferential allotment pursuant to warrant conversion, with a lock-in period until January 29, 2026.
Key Points
- 69,32,824 new equity shares of Rs. 5/- each issued at Rs. 25.60 premium
- Issue price: Rs. 30.60 per share
- Shares rank pari-passu with existing equity shares
- Allotment date: May 29, 2025
- ISIN: INE755Q01025
- Distribution numbers: 202610004 to 209542827
Regulatory Changes
No specific regulatory changes announced - this is a standard new securities listing notification following warrant conversion and preferential allotment procedures.
Compliance Requirements
- Trading members are informed of the new securities availability for trading
- Standard trading and settlement procedures apply for the new shares
- Lock-in restrictions must be observed until January 29, 2026
Important Dates
- Trading Commencement: July 28, 2025 (Monday)
- Allotment Date: May 29, 2025
- Lock-in Period Ends: January 29, 2026
Impact Assessment
The listing increases Vishal Fabrics Limited’s equity base by approximately 69.33 lakh shares, potentially enhancing liquidity and market capitalization. The lock-in period until January 2026 ensures these shares cannot be traded freely, providing stability to the stock price. The preferential allotment to non-promoters indicates capital raising activities for business expansion or operational requirements.
Impact Justification
New equity shares listing affects trading volume and market capitalization with lock-in restrictions until January 2026