Description
5,317,529 equity shares of AZAD INDIA MOBILITY LIMITED listed for trading from August 18, 2025 with lock-in period until February 15, 2026.
Summary
BSE has listed 5,317,529 new equity shares of AZAD INDIA MOBILITY LIMITED (Scrip Code: 504731) for trading effective August 18, 2025. These shares were issued on a preferential basis to non-promoters at Rs. 98 per share and carry a lock-in period until February 15, 2026.
Key Points
- Company: AZAD INDIA MOBILITY LIMITED (Scrip Code: 504731)
- New shares listed: 5,317,529 equity shares of Rs. 10 each
- Issue price: Rs. 98 per share (Rs. 10 face value + Rs. 88 premium)
- Allotment date: May 20, 2025
- Distribution numbers: 35175626 to 40493154
- ISIN: INE566M01017
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members are informed of the new securities listing
- Lock-in restrictions apply to all 5,317,529 shares until February 15, 2026
- Standard trading and settlement procedures apply for unlocked shares
Important Dates
- August 18, 2025: Trading commencement date
- February 15, 2026: Lock-in period expiry date
- May 20, 2025: Original allotment date
Impact Assessment
Limited immediate market impact as all shares are subject to lock-in restrictions until February 15, 2026. The preferential allotment increases the company’s share capital and provides additional liquidity post lock-in expiry. No immediate trading volume expected from these shares.
Impact Justification
Standard listing notice for preferential allotment with limited market impact due to lock-in period