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