Description

21,75,000 equity shares of Indian Link Chain Mnfrs. Ltd listed on BSE with effect from October 29, 2025, issued on preferential basis to Non Promoters.

Summary

BSE has notified the listing of 21,75,000 equity shares of Indian Link Chain Mnfrs. Ltd. (Scrip Code: 504746) with effect from October 29, 2025. The shares were issued at Rs. 71/- per share (face value Rs. 10/- plus premium of Rs. 61/-) to Non Promoters on a preferential basis. All shares are subject to lock-in until May 31, 2026.

Key Points

  • Total shares listed: 21,75,000 equity shares of Rs. 10/- each
  • Issue price: Rs. 71/- per share (including premium of Rs. 61/-)
  • Allotment made to Non Promoters on preferential basis
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE359D01024
  • Trading commencement date: October 29, 2025
  • Two tranches allotted on different dates: 19,75,000 shares on September 12, 2025 and 2,00,000 shares on September 17, 2025

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the listing of these new securities
  • Lock-in requirements must be observed for all allotted shares
  • Distinctive numbers 500001 to 2675000 assigned to the new shares

Important Dates

  • Allotment Dates: September 12, 2025 (19,75,000 shares) and September 17, 2025 (2,00,000 shares)
  • Trading Commencement: October 29, 2025
  • Lock-in Expiry: May 31, 2026 (for all 21,75,000 shares)

Impact Assessment

This is a routine listing notification with minimal market impact. The preferential allotment to Non Promoters represents capital raising activity by the company. The lock-in period until May 31, 2026 ensures these shares cannot be traded freely for approximately 7 months from the listing date, limiting immediate liquidity impact. The shares will rank equally with existing equity shares in terms of rights and privileges.

Impact Justification

Routine listing notification for preferential allotment of equity shares with standard lock-in provisions. Limited market-wide impact.