Description
BSE announces listing of 68.09 lakh equity shares of SG MART LIMITED issued through preferential allotment and bonus shares, effective August 8, 2025.
Summary
BSE has approved the listing of new securities of SG MART LIMITED (Scrip Code: 512329) effective August 8, 2025. The listing includes 68.09 lakh equity shares issued through preferential allotment to non-promoters via warrant conversion, along with an equal number of bonus shares allotted in 1:1 ratio.
Key Points
- 68.09 lakh equity shares of Re. 1/- each issued at premium of Rs. 249/- to non-promoters
- Securities issued through conversion of warrants on preferential basis
- Additional 68.09 lakh equity shares allotted as bonus shares in 1:1 ratio
- Total new securities: 1.3618 crore shares
- Issue price: Rs. 250/- per share
- Allotment date: May 26, 2025
- ISIN: INE385F01024
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for preferential issue and bonus shares following warrant conversion.
Compliance Requirements
- Trading members can trade these securities from August 8, 2025
- New shares rank pari-passu with existing equity shares
- Lock-in restrictions apply as detailed below
Important Dates
- Allotment Date: May 26, 2025
- Trading Commencement: August 8, 2025
- Lock-in Period Ends: February 8, 2026
Impact Assessment
The listing increases SG MART LIMITED’s equity base by 1.3618 crore shares, representing significant dilution for existing shareholders. The lock-in period of 18 months until February 2026 ensures stability in shareholding pattern. The preferential issue and bonus combination indicates company’s capital raising strategy while rewarding existing warrant holders.
Impact Justification
Standard listing of new securities with lock-in period affecting company's shareholding structure