Description
28,57,500 equity shares of Rs. 10/- each issued at par on preferential basis to be listed and permitted for trading from October 7, 2025.
Summary
Hari Govind International Ltd. (Scrip Code: 531971) has listed 28,57,500 new equity shares of Rs. 10/- each issued at par on a preferential basis to Promoter and Non-Promoter categories. These shares will be available for trading on BSE from October 7, 2025, and rank pari-passu with existing equity shares.
Key Points
- Total new shares: 28,57,500 equity shares of Rs. 10/- each
- Issued at par value to Promoter and Non-Promoter on preferential basis
- Distribution Numbers: 5000001 to 7857500
- Date of Allotment: August 14, 2025
- Issue Price: Rs. 10/-
- ISIN: INE167F01018
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members must note the lock-in requirements for the newly listed securities:
- 15,00,000 shares (Dist. Nos. 5000001 to 6500000) locked in until April 15, 2027
- 13,57,500 shares (Dist. Nos. 6500001 to 7857500) locked in until April 15, 2026
Important Dates
- Allotment Date: August 14, 2025
- Trading Commencement: October 7, 2025
- Lock-in Expiry (Partial): April 15, 2026 (for 13,57,500 shares)
- Lock-in Expiry (Full): April 15, 2027 (for 15,00,000 shares)
Impact Assessment
This is a routine corporate action with limited market impact. The preferential issue increases the total equity base of Hari Govind International Ltd. by 28,57,500 shares. The staggered lock-in periods (until April 2026 and April 2027) will restrict immediate trading of these shares, minimizing short-term dilution impact. Trading members should update their systems to reflect the new distribution numbers and lock-in restrictions.
Impact Justification
Routine listing of preferential issue shares for a single company with standard lock-in provisions