Description
7,55,000 new equity shares of Manaksia Coated Metals & Industries Ltd listed on BSE effective September 10, 2025, issued on preferential basis with lock-in until March 31, 2026.
Summary
BSE has announced the listing of 7,55,000 new equity shares of Manaksia Coated Metals & Industries Ltd (Scrip Code: 539046) effective September 10, 2025. These shares were issued at a premium of Rs. 64/- to non-promoters on a preferential basis pursuant to warrant conversion.
Key Points
- 7,55,000 equity shares of Re. 1/- each issued at Rs. 65/- (including premium of Rs. 64/-)
- Shares issued to non-promoters on preferential basis through warrant conversion
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 99424051 to 100179050
- Date of allotment: June 6, 2025
- ISIN: INE830Q01018
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed that these new securities are permitted for trading on the exchange effective from the specified date.
Important Dates
- Trading Commencement: September 10, 2025
- Allotment Date: June 6, 2025
- Lock-in Period Ends: March 31, 2026
Impact Assessment
Minimal market impact expected as this represents a small issuance (7,55,000 shares) with lock-in restrictions until March 2026. The shares are subject to lock-in provisions which will limit immediate trading activity.
Impact Justification
Routine listing of small number of shares with minimal market impact