Description
BSE announces listing of 12,60,000 equity shares of Desh Rakshak Aushdhalaya Ltd. issued on preferential basis, with trading commencing October 27, 2025.
Summary
BSE has approved the listing of 12,60,000 new equity shares of Desh Rakshak Aushdhalaya Ltd. (Scrip Code: 531521) issued to Non-Promoters on a preferential basis. The shares will be available for trading from Monday, October 27, 2025. The shares were allotted at Rs. 22 per share (Rs. 10 face value plus Rs. 12 premium) and rank pari-passu with existing equity shares. Majority of the shares are subject to lock-in periods extending to April 2026.
Key Points
- Total new securities listed: 12,60,000 equity shares
- Face value: Rs. 10 per share
- Issue price: Rs. 22 per share (including Rs. 12 premium)
- Allotment date: September 9, 2025
- Trading commencement: October 27, 2025
- ISIN: INE971E01016
- Distribution numbers: 5002601 to 6262600
- Issued to Non-Promoters on preferential basis
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification following preferential allotment procedures.
Compliance Requirements
- Trading members should note the new securities are available for trading from October 27, 2025
- Lock-in restrictions apply to all 12,60,000 shares as detailed below
- Trading systems should be updated to reflect the increased share capital
Important Dates
- Allotment Date: September 9, 2025
- Trading Commencement: October 27, 2025
- Lock-in Expiry (11,80,000 shares): April 30, 2026
- Lock-in Expiry (80,000 shares): April 29, 2026
Lock-in Details
| Number of Shares | Distribution Numbers | Lock-in Period Until |
|---|---|---|
| 11,80,000 | 5002601 - 6182600 | April 30, 2026 |
| 80,000 | 6182601 - 6262600 | April 29, 2026 |
Impact Assessment
Market Impact: Low. This is a routine listing of preferentially allotted shares representing a capital raise for the company. The lock-in periods (until April 2026) mean these shares cannot be immediately sold in the market, limiting immediate supply-side pressure.
Investor Impact: Existing shareholders should note the dilution from the new share issuance. The preferential allotment to non-promoters at Rs. 22 per share indicates the pricing basis for this capital raise.
Trading Impact: Minimal immediate trading impact expected due to lock-in restrictions on all newly listed shares. Full trading liquidity for these shares will only be available post-April 2026.
Impact Justification
Routine listing notice for preferential allotment affecting a small number of shares with limited market impact