Description

BSE announces listing of 4,972,500 equity shares of Manaksia Coated Metals & Industries Ltd issued on preferential basis pursuant to warrant conversion, effective October 30, 2025.

Summary

BSE has listed 4,972,500 new equity shares of Manaksia Coated Metals & Industries Ltd (Scrip Code: 539046) for trading effective October 30, 2025. These shares were issued to non-promoters on a preferential basis pursuant to the conversion of warrants at Rs. 65 per share (Rs. 1 face value + Rs. 64 premium). The shares are subject to lock-in until April 29, 2026.

Key Points

  • 4,972,500 equity shares of Rs. 1/- each listed and permitted to trade from October 30, 2025
  • Issued at premium of Rs. 64/- per share (total issue price: Rs. 65/-)
  • Allotted to Non-Promoters on preferential basis pursuant to warrant conversion
  • Date of allotment: June 25, 2025
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE830Q01018
  • Distinguished Numbers: 100179051 to 105151550

Regulatory Changes

No regulatory changes. This is a standard listing notification following preferential allotment procedures.

Compliance Requirements

  • Trading members are informed to note the new securities for trading purposes
  • Lock-in restrictions must be observed until April 29, 2026
  • All 4,972,500 shares are subject to lock-in provisions

Important Dates

  • Date of Allotment: June 25, 2025
  • Trading Commencement: October 30, 2025
  • Lock-in Period Ends: April 29, 2026
  • Notice Date: October 29, 2025

Impact Assessment

Market Impact: Low. This is a routine listing of preferential allotment shares for a single company. The shares are locked-in until April 2026, limiting immediate trading impact.

Operational Impact: Minimal. Trading members need to update their systems to reflect the new securities, but this is standard operational procedure.

Company Impact: The listing increases the total listed equity base of Manaksia Coated Metals & Industries Ltd by 4,972,500 shares, potentially affecting float and liquidity once the lock-in period expires in April 2026.

Impact Justification

Routine listing announcement for preferential allotment shares. Impact limited to specific company shareholders and involves locked-in securities until April 2026.