Description

21.75 lakh equity shares of Indian Link Chain Mnfrs. Ltd issued on preferential basis to non-promoters listed and permitted to trade from October 29, 2025.

Summary

BSE has approved the listing of 21,75,000 new equity shares of Indian Link Chain Mnfrs. Ltd (Scrip Code: 504746) issued on a preferential basis to non-promoters. The shares will commence trading on October 29, 2025, and are subject to lock-in until May 31, 2026.

Key Points

  • 21,75,000 equity shares of Rs. 10/- each issued at premium of Rs. 61/-
  • Issue price: Rs. 71.00 per share
  • Issued to non-promoters on preferential basis
  • Shares rank pari-passu with existing equity shares
  • Distinguished numbers: 500001 to 2675000
  • ISIN: INE359D01024
  • Two tranches allotted: 19,75,000 shares on September 12, 2025 and 2,00,000 shares on September 17, 2025

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the listing of these new securities
  • All 21,75,000 shares are subject to lock-in restrictions until May 31, 2026
  • Shares divided into two lock-in categories based on allotment dates

Important Dates

  • September 12, 2025: Allotment date for 19,75,000 shares (Dist. Nos. 500001-2475000)
  • September 17, 2025: Allotment date for 2,00,000 shares (Dist. Nos. 2475001-2675000)
  • October 29, 2025: Trading commencement date
  • May 31, 2026: Lock-in expiry date for all shares

Impact Assessment

This listing represents a routine preferential allotment with minimal market impact. The issuance increases the equity base of Indian Link Chain Mnfrs. Ltd by approximately 21.75 lakh shares at Rs. 71 per share, raising approximately Rs. 15.44 crores. All shares are locked-in until May 31, 2026, preventing immediate trading pressure. The preferential issue to non-promoters may slightly dilute existing shareholding but provides capital for company operations.

Impact Justification

Routine listing of preferential allotment shares with standard lock-in requirements; limited impact beyond existing shareholders.