Description
BSE announces listing of new equity shares for Dugar Housing Developments Limited with various lock-in periods.
Summary
BSE has announced the listing of new equity shares of Dugar Housing Developments Limited. The listing includes 10 tranches of equity shares totaling 70,00,000 shares with distinctive numbers ranging from 3,00,001 to 70,00,000. The shares have varying lock-in periods, with most locked until February 28, 2026, and some until February 28, 2027.
Key Points
- Total new equity shares listed: 70,00,000 shares
- Distinctive numbers: 3,00,001 to 70,00,000
- 10 separate tranches of shares with different quantities
- Lock-in periods of either 1 year (Feb 28, 2026) or 2 years (Feb 28, 2027)
- Largest tranche: 16,20,000 shares
- Smallest tranche: 50,000 shares
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Shares are subject to lock-in restrictions until specified dates
- Trading of these shares will be restricted during lock-in periods
- Company must comply with standard listing obligations
Important Dates
- Lock-in expiry for most tranches: February 28, 2026
- Lock-in expiry for select tranches: February 28, 2027
- Listing effective date: August 22, 2025
Impact Assessment
The listing of new equity shares will increase the total tradeable float of Dugar Housing Developments Limited, though immediate trading impact is limited due to lock-in restrictions. The staggered lock-in periods may create periodic increases in available shares for trading in 2026 and 2027.
Impact Justification
New equity listing affects trading liquidity and shareholder base for the company