Description

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

Summary

BSE has approved the listing of 4,972,500 new equity shares of Manaksia Coated Metals & Industries Ltd (Scrip Code: 539046) effective from Thursday, October 30, 2025. These shares were issued to Non-Promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 65/- per share (face value Rs. 1/- with premium of Rs. 64/-). The newly listed 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
  • Issued at a premium of Rs. 64/- (total issue price: Rs. 65/-)
  • Issued to Non-Promoters on preferential basis pursuant to warrant conversion
  • New shares rank pari-passu with existing equity shares
  • Date of allotment: June 25, 2025
  • Trading commencement: October 30, 2025
  • ISIN: INE830Q01018
  • Distinctive Numbers: 100179051 to 105151550

Regulatory Changes

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

Compliance Requirements

Trading members must:

  • Note the listing of new securities effective October 30, 2025
  • Be aware of lock-in restrictions on all 4,972,500 shares until April 29, 2026
  • Ensure systems reflect the updated share capital and distinctive number ranges

Important Dates

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

Impact Assessment

Market Impact: Low. This is a routine preferential allotment listing for approximately 4.97 million shares with lock-in restrictions, representing capital raised through warrant conversion. The lock-in period until April 29, 2026 limits immediate supply to the market.

Operational Impact: Minimal. Trading members need to update their records to reflect the new shares and lock-in status. No changes to trading procedures or systems are required beyond standard updates for increased share capital.

Impact Justification

Routine listing of preferential shares from warrant conversion for a single company with lock-in period