Description
57,90,000 new equity shares of Manaksia Coated Metals & Industries Ltd listed and permitted to trade from September 8, 2025.
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 on a preferential basis to non-promoters following warrant conversion.
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 commencement: September 8, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE830Q01018
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed of the new securities listing and trading permissions.
Important Dates
- Allotment Date: May 19, 2025
- Trading Start Date: September 8, 2025
- Lock-in Period End: March 31, 2026
Impact Assessment
Minimal market impact as this is a routine preferential allotment and listing. The shares are subject to lock-in until March 31, 2026, which limits immediate trading volume. Distribution numbers assigned: 93634051 to 99424050.
Impact Justification
Routine new share listing with minimal market impact