Description
BSE announces the listing of equity shares for Goel Construction Company Limited with various lock-in periods and distinctive number ranges.
Summary
BSE has announced the listing of equity shares of Goel Construction Company Limited. The listing includes multiple tranches of shares with different lock-in periods ranging from 3 months to 3 years, totaling 1,44,49,600 shares across 8 distinctive number ranges.
Key Points
- Total shares listed: 1,44,49,600 equity shares
- All shares are in demat form
- 7 tranches have lock-in restrictions (L), 1 tranche is fully paid (F)
- Lock-in periods vary from September 2025 to September 2028
- Largest tranche: 37,82,940 shares (distinctive numbers 10,74,601 to 48,57,540)
- One tranche of 27,46,000 shares is free from lock-in restrictions
Regulatory Changes
No specific regulatory changes mentioned in this listing announcement.
Compliance Requirements
- Shares must comply with respective lock-in periods as specified
- All shares are required to be held in demat form
- Lock-in restrictions must be observed until specified release dates
Important Dates
- Lock-in start dates: September 2-5, 2025
- Lock-in end dates range from December 3, 2025 to September 8, 2028
- Shortest lock-in period: 3 months (December 2025)
- Longest lock-in period: 3 years (September 2028)
Impact Assessment
The listing adds significant equity volume to BSE with restricted trading for most shares due to lock-in periods. The staggered release of locked shares over different time periods will gradually increase tradeable float, potentially affecting share price volatility and liquidity over the next 3 years.
Impact Justification
New equity listing with significant share allocation and varying lock-in periods affects market accessibility and trading volumes