Description
28,86,123 equity shares of POCL ENTERPRISES LTD listed on preferential basis with lock-in periods until 2026-2027.
Summary
POCL ENTERPRISES LTD has listed 28,86,123 new equity shares on BSE through preferential allotment. The shares are priced at Rs. 202 per share (face value Rs. 2 + premium Rs. 200) and will commence trading from August 22, 2025. Different portions of the allotment carry lock-in periods extending until February 2026 and February 2027.
Key Points
- 28,86,123 equity shares of Rs. 2/- face value issued at Rs. 202/- per share
- Shares issued to both Promoter and Non-Promoter on preferential basis
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 27879961 to 30766083
- Allotment date: June 18, 2025
- ISIN: INE035S01028
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members must note the new securities are available for trading with specified lock-in restrictions for different tranches.
Important Dates
- Trading Commencement: August 22, 2025
- Allotment Date: June 18, 2025
- Lock-in Expiry (Tranche 1): February 25, 2026 (21,26,253 shares)
- Lock-in Expiry (Tranche 2): February 25, 2027 (7,59,870 shares)
Impact Assessment
The listing increases POCL ENTERPRISES’ equity base by approximately 28.86 lakh shares. The staggered lock-in periods will gradually release shares for free trading over the next 2-3 years, potentially affecting liquidity and price dynamics. The preferential allotment to promoters and non-promoters may indicate capital raising for business expansion.
Impact Justification
New equity listing increases share capital and trading volume but limited to specific company