Description

BSE lists 5,75,862 equity shares of Simplex Castings Ltd issued on preferential basis pursuant to conversion of warrants, effective November 7, 2025.

Summary

BSE has listed 5,75,862 equity shares of Simplex Castings Ltd (Scrip Code: 513472) issued to Promoter and Non-Promoter on a preferential basis pursuant to conversion of warrants. The shares will be available for trading from Friday, November 7, 2025. The shares were allotted in two tranches on August 26 and August 28, 2025, at an issue price of Rs. 246 per share (face value Rs. 10 with premium of Rs. 236).

Key Points

  • Total new shares listed: 5,75,862 equity shares of Rs. 10/- each
  • Issue type: Preferential issue pursuant to warrant conversion
  • Recipients: Promoter and Non-Promoter
  • Issue price: Rs. 246/- per share (Rs. 10 face value + Rs. 236 premium)
  • New shares rank pari-passu with existing equity shares
  • Distribution Numbers: 7307082 to 7882943
  • ISIN: INE658D01011
  • Trading commencement: November 7, 2025

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed of the new securities listing
  • Lock-in restrictions apply to specific share tranches as detailed below
  • Shares issued under preferential allotment norms

Important Dates

  • August 26, 2025: First tranche allotment of 2,97,248 shares
  • August 28, 2025: Second tranche allotment of 2,78,614 shares
  • November 7, 2025: Trading commencement date
  • June 15, 2026: Lock-in expiry for 2,15,948 shares (Dist. Nos. 7307082-7523029)
  • June 15, 2027: Lock-in expiry for 3,59,914 shares (Dist. Nos. 7523030-7882943)

Impact Assessment

This is a routine corporate action with limited market impact. The listing represents approximately 5.76 lakh new shares issued through warrant conversion on a preferential basis. The lock-in periods ranging from 2026 to 2027 indicate these shares cannot be freely traded immediately, minimizing short-term supply impact. The shares rank equally with existing equity shares, maintaining uniformity in shareholder rights. This action is relevant primarily to existing shareholders and investors specifically tracking Simplex Castings Ltd.

Impact Justification

Routine listing of new shares from warrant conversion with standard lock-in provisions, affecting only specific company shareholders