Description

Associated Alcohols & Breweries Ltd lists 9,00,000 equity shares issued at Rs. 485/- on preferential basis to promoters pursuant to conversion of warrants, effective October 29, 2025.

Summary

BSE has approved the listing of 9,00,000 new equity shares of Associated Alcohols & Breweries Ltd (Scrip Code: 507526) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares will be available for trading from October 29, 2025, with a lock-in period until May 31, 2027.

Key Points

  • Number of Shares: 9,00,000 equity shares of Rs. 10/- each
  • Issue Price: Rs. 485/- (including premium of Rs. 475/-)
  • Allotment Date: September 4, 2025
  • Trading Commencement: October 29, 2025
  • Allottees: Promoters (preferential basis)
  • Purpose: Conversion of warrants
  • ISIN: INE073G01016
  • Distinctive Numbers: 18079201 to 18979200
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

  • Trading Members: Informed of new securities available for trading
  • Lock-in Compliance: All 9,00,000 shares subject to mandatory lock-in until May 31, 2027
  • Promoter Holding: These shares will be reflected in promoter shareholding with applicable disclosure requirements

Important Dates

  • Allotment Date: September 4, 2025
  • Trading Commencement: October 29, 2025 (Wednesday)
  • Lock-in Expiry: May 31, 2027

Impact Assessment

Market Impact: Minimal. This is a routine preferential allotment to promoters with standard lock-in provisions.

Liquidity Impact: No immediate impact on free float as shares are locked-in for approximately 19 months from listing date.

Shareholding Impact: Increases promoter shareholding by 9,00,000 shares, potentially strengthening promoter stake in the company.

Investor Considerations: The lock-in period until May 31, 2027 ensures these shares cannot be sold by promoters during this period, providing stability to the shareholding pattern.

Impact Justification

Routine listing of preferential allotment to promoters with standard lock-in period. Limited impact on broader market participants.