Description

BSE announces listing of 755,000 new equity shares of Manaksia Coated Metals & Industries Ltd issued through preferential allotment with warrant conversion.

Summary

BSE has approved the listing of 755,000 new equity shares of Manaksia Coated Metals & Industries Ltd (Scrip Code: 539046) issued through preferential allotment to non-promoters following warrant conversion. The shares will commence trading on September 10, 2025.

Key Points

  • 755,000 equity shares of Re. 1/- each issued at premium of Rs. 64/-
  • Issue price: Rs. 65/- per share
  • Issued to non-promoters on preferential basis pursuant to warrant conversion
  • Shares rank pari-passu with existing equity shares
  • Distribution numbers: 99424051 to 100179050
  • Allotment date: June 6, 2025
  • ISIN: INE830Q01018

Regulatory Changes

No regulatory changes introduced. Standard listing procedure for warrant conversion.

Compliance Requirements

  • Trading members informed of new securities availability
  • Lock-in provisions apply to all 755,000 shares until March 31, 2026
  • Standard trading and settlement procedures to be followed

Important Dates

  • Allotment Date: June 6, 2025
  • Trading Commencement: September 10, 2025
  • Lock-in Period Ends: March 31, 2026

Impact Assessment

Minimal market impact expected as this represents a routine listing of additional shares through warrant conversion. The preferential allotment to non-promoters increases public shareholding. Lock-in period until March 2026 prevents immediate trading of these shares, limiting supply impact.

Impact Justification

Routine listing of additional shares through warrant conversion with limited market impact