Description
Listing and trading permission for 21,75,000 equity shares of Indian Link Chain Mnfrs. Ltd issued on preferential basis to non-promoters, effective October 29, 2025.
Summary
BSE has granted listing and trading permission for 21,75,000 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 the Exchange from Wednesday, October 29, 2025. The shares 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/- per share
- Issue price: Rs. 71.00 per share
- Issued to non-promoters on preferential basis
- Shares ranking pari-passu with existing equity shares
- ISIN: INE359D01024
- Distribution numbers: 500001 to 2675000
- Trading commences: October 29, 2025
Regulatory Changes
No regulatory changes. This is a standard listing notification for preferential allotment.
Compliance Requirements
- Trading members must note the new securities for trading from October 29, 2025
- All shares are subject to lock-in requirements as specified below
Important Dates
- Allotment Date (19,75,000 shares): September 12, 2025
- Allotment Date (2,00,000 shares): September 17, 2025
- Trading Commencement: October 29, 2025
- Lock-in Period Ends: May 31, 2026 (for all 21,75,000 shares)
Impact Assessment
Limited market impact expected. The preferential issue represents a relatively small allotment with complete lock-in until May 31, 2026, preventing immediate selling pressure. The shares are issued to non-promoters at Rs. 71/- per share and will rank equally with existing equity shares. Trading members can facilitate transactions in these securities from October 29, 2025, but actual liquidity will remain restricted until the lock-in period expires.
Impact Justification
Routine listing of preferential allotment shares with standard lock-in period, limited market impact due to small issue size