Description

308,000 equity shares of Himadri Speciality Chemical Ltd listed on BSE effective October 17, 2025, issued on preferential basis pursuant to warrant conversion.

Summary

BSE has approved the listing of 3,08,000 equity shares of Himadri Speciality Chemical Ltd (Scrip Code: 500184) effective from October 17, 2025. These shares were issued at Rs. 316 per share (Re. 1 face value + Rs. 315 premium) to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in periods and rank pari-passu with existing equity shares.

Key Points

  • 3,08,000 equity shares of Re. 1/- each issued at premium of Rs. 315/-
  • Issue price: Rs. 316.00 per share
  • Issued to non-promoters on preferential basis
  • Allotted pursuant to conversion of warrants
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE019C01026
  • Distinctive Numbers: 493849500 to 494157499
  • Date of Allotment: August 13, 2025
  • Trading effective date: October 17, 2025

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the listing of new securities effective October 17, 2025
  • Lock-in restrictions apply to all allotted shares as specified
  • Shares cannot be transferred during lock-in period except as permitted by regulations

Important Dates

  • Allotment Date: August 13, 2025
  • Trading Commencement: October 17, 2025
  • Lock-in Expiry (13,000 shares - Dist. 493849500-493862499): April 29, 2026
  • Lock-in Expiry (2,95,000 shares - Dist. 493862500-494157499): April 30, 2026

Impact Assessment

Minimal market impact. This is a routine listing of preferential allotment shares representing a small addition to the existing equity capital. The lock-in periods ensure gradual supply into the market. Trading members should update their systems to reflect the increased share capital and lock-in restrictions. No impact on trading operations or compliance requirements beyond standard listing procedures.

Impact Justification

Routine listing of preferential allotment shares with minimal dilution (0.13% based on typical capital structure). Standard lock-in applies. No impact on broader market operations.