Description

BSE announces listing of 79,17,936 new equity shares of Jaykay Enterprises Limited issued on preferential basis with specific lock-in periods.

Summary

BSE has approved the listing of 79,17,936 new equity shares of Jaykay Enterprises Limited (Scrip Code: 500306) issued on a preferential basis. The shares will commence trading from September 10, 2025, and are subject to lock-in periods ranging from March 15, 2026 to March 15, 2027.

Key Points

  • 79,17,936 equity shares of Re. 1/- each issued at premium of Rs. 141/-
  • Issue price: Rs. 142/- per share
  • Allotment date: July 28, 2025
  • Trading commencement: September 10, 2025
  • ISIN: INE903A01025
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

Trading members must note the lock-in restrictions:

  • 78,93,829 shares (Dist. Nos. 122369131-130262959): Locked until March 15, 2027
  • 24,107 shares (Dist. Nos. 130262960-130287066): Locked until March 15, 2026

Important Dates

  • Allotment Date: July 28, 2025
  • Trading Commencement: September 10, 2025
  • Lock-in Expiry (Partial): March 15, 2026
  • Lock-in Expiry (Major portion): March 15, 2027

Impact Assessment

This preferential issue increases Jaykay Enterprises’ equity base significantly. The staggered lock-in periods will limit immediate selling pressure, with majority of shares remaining locked until March 2027. The listing provides additional liquidity to the stock while maintaining price stability through lock-in mechanisms.

Impact Justification

New equity share listing with significant volume but routine corporate action