Description
BSE announces listing of 36,154,529 new equity shares of Anka India Ltd issued on preferential basis, effective August 6, 2025.
Summary
BSE has approved the listing of 36,154,529 new equity shares of Anka India Ltd (Scrip Code: 531673) issued on a preferential basis to non-promoters. The shares will commence trading on August 6, 2025, and rank pari-passu with existing equity shares.
Key Points
- 36,154,529 new equity shares of Rs. 10/- each issued at Rs. 7/- premium
- Issue price: Rs. 17/- per share
- Allotment date: June 11, 2025
- Trading commencement: August 6, 2025
- ISIN: INE067C01025
- Distribution numbers: 15387957 to 51542485
Regulatory Changes
No regulatory changes announced. Standard listing procedure for preferential allotment.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in restrictions apply to different tranches of shares
- Shares rank equally with existing equity shares
Important Dates
- Allotment Date: June 11, 2025
- Trading Start Date: August 6, 2025
- Lock-in Expiry: February 28, 2026 and February 28, 2027 (varies by tranche)
Impact Assessment
Significant equity dilution with addition of 3.62 crore shares. Lock-in periods of 1-2 years will restrict immediate selling pressure. The preferential allotment to non-promoters may indicate capital raising for business expansion. Market impact will depend on existing shareholding pattern and trading volumes.
Impact Justification
Significant equity dilution with 3.62 crore new shares but routine preferential allotment process