Description

19,00,000 equity shares of BALU FORGE INDUSTRIES LIMITED listed on BSE from October 7, 2025, issued at Rs. 360/- per share on preferential basis to Non Promoter pursuant to conversion of warrants.

Summary

BSE has announced the listing and trading commencement of 19,00,000 new equity shares of BALU FORGE INDUSTRIES LIMITED (Scrip Code: 531112) with effect from Tuesday, October 7, 2025. These shares were issued at a premium of Rs. 350/- (face value Rs. 10/-) to Non Promoter on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to lock-in until May 30, 2026.

Key Points

  • 19,00,000 equity shares of Rs. 10/- each listed and permitted to trade from October 7, 2025
  • Issued at a premium of Rs. 350/- per share (total issue price: Rs. 360/-)
  • Allotted to Non Promoter on preferential basis pursuant to warrant conversion
  • Date of allotment: May 24, 2025
  • Distinctive Numbers: 112091901 to 113991900
  • ISIN: INE011E01029
  • Shares rank pari-passu with existing equity shares
  • All shares subject to lock-in until May 30, 2026

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for new securities.

Compliance Requirements

  • Trading members are informed to note the listing of these new securities
  • Lock-in restrictions must be observed until May 30, 2026 for all 19,00,000 shares

Important Dates

  • Allotment Date: May 24, 2025
  • Trading Commencement Date: October 7, 2025
  • Lock-in Expiry Date: May 30, 2026

Impact Assessment

This is a routine preferential allotment listing with minimal market impact. The addition of 19,00,000 shares will increase the free float of BALU FORGE INDUSTRIES LIMITED, though the entire allotment is locked-in for approximately 8 months from the listing date. The shares were issued to Non Promoter entities through warrant conversion at Rs. 360/- per share. Trading members should note the lock-in restrictions when executing trades in this scrip.

Impact Justification

Routine listing of preferential allotment shares post warrant conversion, limited market impact with shares under lock-in until May 2026