Description

BSE announces listing of 12,62,328 equity shares of Pondy Oxides & Chemicals Limited issued through preferential allotment with conversion of warrants, effective September 9, 2025.

Summary

BSE has announced the listing of 12,62,328 new equity shares of Pondy Oxides & Chemicals Limited (Scrip Code: 532626) effective from Tuesday, September 9, 2025. These shares were issued through preferential allotment to promoters and non-promoters following conversion of warrants at an issue price of Rs. 253.50 per share.

Key Points

  • 12,62,328 equity shares of Rs. 5/- each listed on BSE
  • Issued at premium of Rs. 248.50 per share (total issue price Rs. 253.50)
  • Shares issued to both promoter and non-promoter categories
  • New shares rank pari-passu with existing equity shares
  • Distribution numbers: 28824690 to 30087017
  • Date of allotment: June 23, 2025
  • ISIN: INE063E01053

Regulatory Changes

No regulatory changes introduced. This is a routine listing announcement following completion of preferential allotment process.

Compliance Requirements

  • Trading members informed of new securities availability for trading
  • Lock-in restrictions apply as per regulatory requirements
  • Shares to be traded under existing scrip code 532626

Important Dates

  • Date of Allotment: June 23, 2025
  • Trading Commencement: September 9, 2025
  • Lock-in expiry for 1,183,432 shares: March 31, 2027
  • Lock-in expiry for 78,896 shares: March 31, 2026

Impact Assessment

Minimal market impact as this is a routine listing of new securities for an existing listed company. The preferential allotment increases the company’s equity base and provides additional liquidity. Lock-in provisions ensure gradual release of shares into the market, preventing immediate selling pressure.

Impact Justification

Routine listing of new securities for a single company with limited market impact