Description
79 lakh equity shares of Fone4 Communications listed for trading with effect from September 9, 2025, issued on preferential basis with lock-in periods.
Summary
BSE has announced the listing of 79,00,000 new equity shares of Fone4 Communications (India) Limited (Scrip Code: 543521) effective from Tuesday, September 9, 2025. These shares were issued on a preferential basis to promoter and non-promoter entities at Rs. 15 per share (Rs. 10 face value + Rs. 5 premium).
Key Points
- 79,00,000 equity shares of Rs. 10 each issued at premium of Rs. 5
- Issue price: Rs. 15 per share
- Allotment date: April 22, 2025
- Distribution numbers: 17050001 to 24950000
- ISIN: INE0L3H01014
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No specific regulatory changes announced. Standard listing procedures applied.
Compliance Requirements
- Trading members informed of new securities availability
- Lock-in restrictions apply to specific share tranches
- Standard trading regulations applicable
Important Dates
- Trading Start Date: September 9, 2025
- Allotment Date: April 22, 2025
- Lock-in Expiry (59 lakh shares): March 15, 2026
- Lock-in Expiry (20 lakh shares): March 15, 2027
Impact Assessment
Limited market impact expected as this represents standard preferential allotment listing. The lock-in periods will restrict immediate trading of these securities, with 59 lakh shares becoming freely tradeable by March 2026 and remaining 20 lakh shares by March 2027. This staggered release may provide gradual liquidity enhancement over the lock-in period.
Impact Justification
Standard new securities listing with specific lock-in arrangements affecting trading volumes