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