Description

BSE announces listing of 7.5 million equity shares of Vishal Fabrics Limited issued on preferential basis to non-promoters.

Summary

BSE has announced the listing of 7,500,000 equity shares of Vishal Fabrics Limited (Scrip Code: 538598) issued on a preferential basis to non-promoters pursuant to conversion of warrants. The shares will be available for trading from Monday, August 25, 2025.

Key Points

  • 7.5 million equity shares of Rs. 5 each issued at premium of Rs. 25.60
  • Issue price: Rs. 30.60 per share
  • Shares issued to non-promoters on preferential basis
  • Pursuant to conversion of warrants
  • Shares rank pari-passu with existing equity shares
  • Distribution numbers: 217610004 to 225110003
  • Date of allotment: July 15, 2025
  • ISIN: INE755Q01025

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members are informed about the new securities listing
  • Lock-in period applies to all issued shares until March 14, 2026

Important Dates

  • August 25, 2025: Trading commencement date
  • July 15, 2025: Date of allotment
  • March 14, 2026: Lock-in expiry date

Impact Assessment

Limited market impact expected as this is a routine preferential issue listing for a smaller company. The lock-in period until March 2026 means these shares cannot be freely traded immediately, reducing immediate supply pressure on the stock.

Impact Justification

Routine listing announcement for preferential issue of a smaller company