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