Description

57,90,000 equity shares of Manaksia Coated Metals & Industries Ltd listed for trading from September 8, 2025, issued through warrant conversion.

Summary

Manaksia Coated Metals & Industries Ltd (Scrip Code: 539046) has listed 57,90,000 new equity shares on BSE, effective from Monday, September 8, 2025. These shares were issued through conversion of warrants on a preferential basis to non-promoters.

Key Points

  • 57,90,000 equity shares of Re. 1/- each issued at Rs. 64/- premium
  • Issue price: Rs. 65/- per share
  • Allotment date: May 19, 2025
  • Trading commences: September 8, 2025
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE830Q01018

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

  • Trading members informed of new securities listing
  • Lock-in period compliance required until March 31, 2026

Important Dates

  • Allotment Date: May 19, 2025
  • Trading Start Date: September 8, 2025
  • Lock-in Period Ends: March 31, 2026

Impact Assessment

Minimal market impact expected as all shares are subject to lock-in until March 31, 2026. The preferential allotment to non-promoters adds to the company’s equity base but trading liquidity will remain unchanged during the lock-in period.

Impact Justification

Routine listing of converted warrants with minimal market impact due to lock-in period