Description

BSE announces listing of 86,856 new equity shares of KESAR INDIA LIMITED issued on preferential basis to non-promoters, with trading commencing November 4, 2025.

Summary

BSE has approved the listing of 86,856 new equity shares of KESAR INDIA LIMITED (Scrip Code: 543542) issued on a preferential basis to non-promoters. The shares are listed and permitted for trading with effect from Tuesday, November 4, 2025. The shares were allotted at Rs. 350 per share (face value Rs. 10 plus premium of Rs. 340) and are subject to lock-in until May 15, 2026.

Key Points

  • 86,856 new equity shares of Rs. 10/- each issued at premium of Rs. 340/-
  • Issue price: Rs. 350 per share
  • Issued to non-promoters on preferential basis
  • Shares rank pari-passu with existing equity shares
  • Distinctive Numbers: 24712801 to 24799656
  • ISIN: INE0L1C01019
  • Scrip Code: 543542
  • Date of allotment: September 18, 2025

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed of the new securities listing
  • Lock-in period must be observed: all 86,856 shares (Dist. Nos. 24712801 to 24799656) are locked-in until May 15, 2026
  • Shares cannot be transferred or sold before the lock-in expiry date

Important Dates

  • Date of Allotment: September 18, 2025
  • Trading Commencement Date: November 4, 2025
  • Lock-in Expiry Date: May 15, 2026

Impact Assessment

Minimal market impact expected. The preferential issue represents a small capital raise for KESAR INDIA LIMITED. The 86,856 shares issued to non-promoters are relatively modest in number and are subject to lock-in restrictions until May 15, 2026, which prevents immediate selling pressure. The shares rank pari-passu with existing equity, maintaining equal rights for all shareholders. This is a routine corporate action with limited implications for trading activity or stock price volatility.

Impact Justification

Routine preferential allotment of relatively small number of shares (86,856) to non-promoters. Limited market impact given small issue size compared to typical trading volumes.