Description
BSE announces listing of 12,62,328 new equity shares of Pondy Oxides & Chemicals Limited issued through warrant conversion, 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 at Rs. 253.50 per share through conversion of warrants on a preferential basis to promoters and non-promoters.
Key Points
- 12,62,328 equity shares of Rs. 5/- each issued at premium of Rs. 248.50/-
- Issue price: Rs. 253.50 per share
- Shares issued to both Promoter and Non-Promoter on preferential basis
- Allotment date: June 23, 2025
- Distribution numbers: 28824690 to 30087017
- ISIN: INE063E01053
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced. Standard listing procedure for new securities.
Compliance Requirements
- Trading members informed of new securities availability for trading
- Lock-in periods applicable as per regulations
Important Dates
- Allotment Date: June 23, 2025
- Trading Commencement: September 9, 2025
- Lock-in Expiry (Majority shares): March 31, 2027
- Lock-in Expiry (Remaining shares): March 31, 2026
Impact Assessment
Minimal market impact as this is a standard new securities listing. The preferential allotment increases the company’s share capital and provides additional liquidity. Lock-in periods ensure orderly market participation while protecting minority shareholders’ interests.
Impact Justification
Standard new securities listing with no market-wide implications