Description

Listing of 90 crore equity shares of Pervasive Commodities Limited issued on preferential basis pursuant to warrant conversion, effective October 29, 2025.

Summary

BSE has approved the listing of 90,00,00,000 (90 crore) equity shares of Re. 1/- each of Pervasive Commodities Limited (Scrip Code: 517172) issued to Non-Promoters on preferential basis pursuant to conversion of warrants. The shares will be listed and permitted to trade from Wednesday, October 29, 2025. The shares are subject to lock-in until May 5, 2026.

Key Points

  • 90,00,00,000 equity shares of Re. 1/- each listed
  • Issued at par (Re. 1/-) to Non-Promoters on preferential basis
  • Issued pursuant to conversion of warrants
  • Shares rank pari-passu with existing equity shares
  • Date of Allotment: May 20, 2025
  • Distinctive Numbers: 952201 to 900952200
  • ISIN: INE443P01038
  • Scrip Code: 517172
  • All shares under lock-in until May 5, 2026

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed to note the listing of these new securities
  • Lock-in restrictions apply to all 90 crore shares until May 5, 2026
  • Shares cannot be transferred or sold during the lock-in period

Important Dates

  • Allotment Date: May 20, 2025
  • Listing Date: October 29, 2025 (Wednesday)
  • Lock-in Expiry: May 5, 2026

Impact Assessment

Market Impact: Medium. The listing of 90 crore equity shares represents a substantial increase in the share capital of Pervasive Commodities Limited. However, the immediate market impact is mitigated by the lock-in period extending until May 5, 2026, which prevents these shares from being traded or sold during this period.

Liquidity Impact: The lock-in restriction means these shares will not contribute to tradable float until May 2026. Post lock-in expiry, the large volume of shares entering the market could significantly impact liquidity and price.

Dilution Impact: Existing shareholders may experience dilution depending on the pre-issuance share capital. The preferential allotment to Non-Promoters changes the shareholding pattern of the company.

Impact Justification

Large preferential issuance of 90 crore shares with lock-in period may impact stock liquidity and price, but routine listing procedure with limited immediate market-wide impact