Description
755,000 new equity shares of Manaksia Coated Metals & Industries Ltd listed for trading from September 10, 2025, issued through preferential allotment.
Summary
BSE has approved the listing of 755,000 new equity shares of Manaksia Coated Metals & Industries Ltd (Scrip Code: 539046) for trading from September 10, 2025. These shares were issued at Rs. 65 per share through preferential allotment to non-promoters pursuant to warrant conversion.
Key Points
- 755,000 equity shares of Re. 1/- each issued at premium of Rs. 64/-
- Issue price: Rs. 65 per share
- Allotment date: June 6, 2025
- Trading commencement: September 10, 2025
- ISIN: INE830Q01018
- 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 restrictions apply to all issued shares
- Shares subject to standard listing compliance requirements
Important Dates
- Allotment Date: June 6, 2025
- Trading Start Date: September 10, 2025
- Lock-in Period Ends: March 31, 2026
Impact Assessment
Minimal market impact expected due to:
- Small issue size (755,000 shares)
- Complete lock-in until March 2026 prevents immediate trading
- Issued to non-promoters through preferential route
- Represents conversion of existing warrants rather than fresh capital raising
Impact Justification
Routine new share listing with limited market impact due to small size and lock-in period