Description

BSE permits trading of 98,64,427 new equity shares of Deccan Bearings Ltd. issued on preferential basis to non-promoters.

Summary

BSE has approved the listing and trading of 98,64,427 new equity shares of Deccan Bearings Ltd. (Scrip Code: 505703) effective August 22, 2025. These shares were issued at par value to non-promoters on a preferential basis.

Key Points

  • 98,64,427 equity shares of Rs. 10/- each issued at par
  • Issued to non-promoters on preferential basis
  • Shares rank pari-passu with existing equity shares
  • Trading commences on Friday, August 22, 2025
  • Distinguished numbers: 10135574 to 20000000
  • ISIN: INE498D01012

Regulatory Changes

No regulatory changes. Standard listing procedure for new equity shares.

Compliance Requirements

Trading members are informed of the new securities available for trading on BSE.

Important Dates

  • Allotment Date: July 3, 2025
  • Trading Commencement: August 22, 2025
  • Lock-in Period Expires: March 31, 2027

Impact Assessment

Minimal market impact as this is a routine listing of preferentially issued shares. The shares are subject to a lock-in period until March 31, 2027, which limits immediate trading activity.

Impact Justification

Routine listing of new equity shares with standard lock-in provisions