Description
BSE announces the listing of equity shares for Monarch Surveyors and Engineering Consultants Limited with lock-in period details.
Summary
BSE has announced the listing of equity shares of Monarch Surveyors and Engineering Consultants Limited. The listing includes multiple tranches of fully paid equity shares with varying lock-in periods ranging from August 2025 to August 2028.
Key Points
- Total equity shares being listed across multiple distinctive number ranges
- All shares are fully paid and held in demat form
- Lock-in periods vary from 24/08/2025 to 10/08/2028
- Securities range from short-term lock-ins to 3-year lock-in periods
- Different tranches have different lock-in expiry dates
Regulatory Changes
No specific regulatory changes mentioned in this listing circular.
Compliance Requirements
- All listed shares must comply with BSE listing requirements
- Lock-in period restrictions must be observed until expiry dates
- Shares cannot be traded during their respective lock-in periods
Important Dates
- Lock-in expiry dates range from 24/08/2025 to 10/08/2028
- Earliest lock-in expiry: 24/08/2025
- Latest lock-in expiry: 10/08/2028
- Most securities have lock-in until 10/08/2026
Impact Assessment
Medium impact on market as this represents a new listing with substantial lock-in periods that will restrict immediate trading availability. The staggered lock-in expiry dates will create periodic increases in tradeable float over the coming years.
Impact Justification
New equity listing with significant lock-in periods affecting trading availability