Description
BSE announces listing of 3 crore equity shares of Shivamshree Businesses Limited issued on preferential basis, effective August 25, 2025.
Summary
BSE has announced the listing of 3 crore new equity shares of Shivamshree Businesses Limited (Scrip Code: 538520) issued through preferential allotment to non-promoters. The shares will commence trading on August 25, 2025, and carry a lock-in period until March 20, 2026.
Key Points
- 3,00,00,000 equity shares of Rs. 1/- each issued at premium of Rs. 0.50/-
- Issue price: Rs. 1.50 per share
- Shares issued to non-promoters on preferential basis
- Distribution numbers: 45650001 to 75650000
- Date of allotment: May 6, 2025
- ISIN: INE857P01021
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members must note the new securities for trading operations
- Lock-in restrictions must be observed until March 20, 2026
- All shares subject to lock-in period as per regulatory requirements
Important Dates
- Allotment Date: May 6, 2025
- Trading Commencement: August 25, 2025
- Lock-in Period Ends: March 20, 2026
Impact Assessment
The preferential allotment increases the company’s equity base by 3 crore shares, potentially improving liquidity. The lock-in period until March 2026 ensures market stability by preventing immediate selling pressure from allottees.
Impact Justification
Regular preferential allotment with standard lock-in period affecting single company