Description
BSE lists 16,49,840 new equity shares of Coromandel Engineering Company Limited issued on preferential basis, effective September 4, 2025.
Summary
BSE has listed 16,49,840 new equity shares of Coromandel Engineering Company Limited (Scrip Code: 533167) issued on a preferential basis to promoter and non-promoter entities. The shares are permitted for trading from Thursday, September 4, 2025.
Key Points
- 16,49,840 equity shares of Rs. 10/- each issued at premium of Rs. 30.05/-
- Issue price: Rs. 40.05/- per share
- Allotment date: May 8, 2025
- ISIN: INE312J01012
- Distribution numbers: 33233599 to 34883438
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. Standard preferential allotment listing process.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in restrictions apply to allotted shares as per SEBI regulations
- Shares subject to standard listing compliance requirements
Important Dates
- Allotment Date: May 8, 2025
- Trading Commencement: September 4, 2025
- Lock-in Period End: March 15, 2026 (13,00,000 shares) and March 15, 2027 (3,49,840 shares)
Impact Assessment
Minimal market impact expected as this represents a routine preferential allotment. The lock-in periods ensure gradual market availability of shares, preventing immediate supply pressure on the stock price.
Impact Justification
Routine preferential allotment listing with standard lock-in provisions