Description
57.90 lakh new equity shares of Manaksia Coated Metals & Industries Ltd listed for trading from September 8, 2025.
Summary
BSE has listed 57,90,000 new equity shares of Manaksia Coated Metals & Industries Ltd (Scrip Code: 539046) for trading from Monday, September 8, 2025. These shares were issued at a premium to non-promoters through conversion of warrants on a preferential basis.
Key Points
- 57,90,000 equity shares of Re. 1/- each issued at Rs. 64/- premium
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 93634051 to 99424050
- Issue price: Rs. 65/- per share
- ISIN: INE830Q01018
Regulatory Changes
No regulatory changes announced.
Compliance Requirements
Trading members are informed of the new securities availability for trading on the Exchange.
Important Dates
- Allotment Date: May 19, 2025
- Trading Commencement: September 8, 2025
- Lock-in Period End: March 31, 2026
Impact Assessment
Minimal market impact expected as this is a routine listing of additional equity shares. The shares are subject to lock-in until March 31, 2026, limiting immediate trading volume impact.
Impact Justification
Routine listing of additional equity shares with no material market impact