Description

BSE circular detailing the listing of new equity shares of Dugar Housing Developments Limited with lock-in periods and distinctive numbers.

Summary

BSE has announced the listing of new equity shares of Dugar Housing Developments Limited. The circular provides details of 70,00,000 equity shares being listed with specific lock-in periods and distinctive number ranges.

Key Points

  • Total of 70,00,000 new equity shares listed
  • Shares allocated across 12 different tranches
  • Lock-in periods ranging from February 28, 2026 to February 28, 2027
  • Majority of shares (65,00,000) have lock-in until February 28, 2026
  • 12,60,000 shares have extended lock-in until February 28, 2027
  • Distinctive numbers assigned from 3,00,001 to 70,00,000

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Shares must comply with respective lock-in periods
  • Trading restrictions apply until lock-in expiry dates
  • Standard listing compliance requirements for new securities

Important Dates

  • Lock-in expiry for majority shares: February 28, 2026
  • Lock-in expiry for 12,60,000 shares: February 28, 2027

Impact Assessment

Minimal market impact as this is a routine listing of new securities. The lock-in provisions ensure gradual release of shares into the market, preventing immediate dilution effects.

Impact Justification

Routine listing of new securities with standard lock-in provisions