Description
Details of equity share listing for LGT Business Connextions Limited with lock-in periods and security specifications.
Summary
BSE announces the listing of equity shares for LGT Business Connextions Limited, detailing 9,372,800 total securities with varying lock-in periods ranging from 1 to 3 years. The listing includes both fresh issue securities and offer for sale (OFS) components.
Key Points
- Total securities listed: 9,372,800 equity shares
- All securities are fully paid up and in demat form
- Lock-in periods vary from 1 year to 3 years from August 20, 2025
- Securities include both fresh IPO shares and OFS components
- Distinctive number ranges assigned for different security categories
Security Details
Category 1: 1,875,600 shares (Numbers 1-1,875,600)
- Lock-in period: August 20, 2025 to August 28, 2028 (3 years)
Category 2: 2,437,903 shares (Numbers 1,875,601-4,313,503)
- Lock-in period: August 20, 2025 to August 28, 2026 (1 year)
Category 3: 2,433,697 shares (Numbers 4,313,504-6,747,200)
- Lock-in period: August 20, 2025 to August 28, 2027 (2 years)
Category 4: 262,800 shares (Numbers 6,747,201-7,010,000)
- Fresh issue under OFS
Category 5: 2,362,800 shares (Numbers 7,010,001-9,372,800)
- Free shares from fresh IPO
Important Dates
- Lock-in start date: August 20, 2025
- Lock-in end dates: August 28, 2026/2027/2028 (depending on category)
Impact Assessment
This listing provides liquidity access for LGT Business Connextions Limited shareholders while maintaining appropriate lock-in restrictions to ensure market stability. The staggered lock-in periods help manage supply flow into the secondary market.
Impact Justification
Standard equity listing announcement affecting specific company shareholders and investors