Description

BSE announces listing of 1,07,250 equity shares of Spectrum Electrical Industries Limited issued to promoters on preferential basis.

Summary

BSE has announced the listing of 1,07,250 new equity shares of Spectrum Electrical Industries Limited (Scrip Code: 544386) issued to promoters on a preferential basis. The shares will be available for trading from Thursday, August 28, 2025.

Key Points

  • 1,07,250 equity shares of Rs. 10/- each issued at premium of Rs. 1110/-
  • Issue price: Rs. 1120/- per share
  • Shares issued pursuant to conversion of warrants
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE01EO01010
  • Distribution numbers: 15606591 to 15713840

Regulatory Changes

No regulatory changes. This is a routine listing notification for preferential allotment.

Compliance Requirements

Trading members are informed that the new securities are listed and permitted for trading on the exchange.

Important Dates

  • Allotment Date: July 24, 2025
  • Trading Commencement: August 28, 2025
  • Lock-in Period Ends: February 28, 2027

Impact Assessment

Minimal market impact as this involves preferential allotment to promoters with a lock-in period until February 2027. The shares cannot be traded by promoters during the lock-in period, limiting immediate market supply.

Impact Justification

Routine listing of preferential shares to promoters with limited market impact