Description

4,24,262 equity shares of Pondy Oxides & Chemicals Limited issued on preferential basis pursuant to warrant conversion will be listed and permitted to trade from October 31, 2025.

Summary

BSE has announced the listing of 4,24,262 new equity shares of Pondy Oxides & Chemicals Limited (Scrip Code: 532626) effective from October 31, 2025. These shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 253.50 per share (face value Rs. 5 with premium of Rs. 248.50). The shares are subject to lock-in until April 30, 2026.

Key Points

  • 4,24,262 equity shares of Rs. 5/- each to be listed
  • Issued to non-promoters on preferential basis through warrant conversion
  • Issue price: Rs. 253.50 per share (Rs. 5 face value + Rs. 248.50 premium)
  • Trading commences: October 31, 2025
  • Distinctive numbers: 30087018 to 30511279
  • Date of allotment: August 7, 2025
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE063E01053

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed to note the listing of new securities
  • Lock-in restrictions must be observed for all 4,24,262 shares until April 30, 2026
  • Shares are subject to standard preferential allotment regulations

Important Dates

  • Allotment Date: August 7, 2025
  • Trading Commencement: October 31, 2025
  • Lock-in Expiry: April 30, 2026

Impact Assessment

This is a routine corporate action with minimal market impact. The preferential allotment represents a relatively small issuance for the company. The six-month lock-in period from allotment date ensures controlled release of shares into the market. Trading members should update their systems to reflect the increased share capital and distinctive number ranges.

Impact Justification

Routine listing of preferential allotment shares representing a relatively small issuance with standard lock-in provisions. Limited market-wide impact.