Description
BSE approves listing and trading of 60 lakh new equity shares of Goyal Associates Ltd. issued through warrant conversion at Rs. 2.50 per share.
Summary
BSE has approved the listing and trading of 60,00,000 new equity shares of Goyal Associates Ltd. (Scrip Code: 530663) effective August 14, 2025. These shares were issued to non-promoters on a preferential basis through conversion of warrants at Rs. 2.50 per share.
Key Points
- 60 lakh equity shares of Re. 1/- each issued at premium of Rs. 1.50
- Issue price: Rs. 2.50 per share
- Issued to non-promoters through warrant conversion
- Shares rank pari-passu with existing equity shares
- Distinguished numbers: 46937501 to 52937500
- Allotment date: March 31, 2025
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for preferential issue.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in period compliance required until February 14, 2026
- All 60 lakh shares subject to lock-in restrictions
Important Dates
- Allotment Date: March 31, 2025
- Trading Commencement: August 14, 2025
- Lock-in Period Ends: February 14, 2026
Impact Assessment
Minimal market impact as this is a routine listing of preferential shares for a single company. The lock-in period until February 2026 prevents immediate trading of these shares, limiting short-term market effects.
Impact Justification
Routine listing of preferential shares for a single company with limited market impact