Description

Listing and trading approval for 4.53 crore preferential equity shares of Baroda Extrusion Ltd. with lock-in provisions effective November 10, 2025.

Summary

BSE has approved the listing and trading of 4,53,33,316 new equity shares of Baroda Extrusion Ltd. (Scrip Code: 513502) issued on preferential basis to promoter and non-promoter investors. The shares will commence trading from Monday, November 10, 2025. The shares were allotted at Rs. 8.25 per share (face value Re. 1 plus premium of Rs. 7.25) and are subject to lock-in periods.

Key Points

  • Total new shares listed: 4,53,33,316 equity shares of Re. 1/- each
  • Issue price: Rs. 8.25 per share (Re. 1 face value + Rs. 7.25 premium)
  • Allotment mode: Preferential basis to Promoter and Non-Promoter
  • Date of allotment: August 28, 2025
  • Trading commencement: November 10, 2025
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE927K01023
  • Distinctive Numbers: 149049001 to 194382316

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members must note the new securities for trading from November 10, 2025
  • Lock-in restrictions must be observed as per details provided

Important Dates

  • Allotment Date: August 28, 2025
  • Trading Commencement: November 10, 2025
  • Lock-in Expiry (Tranche 1): June 14, 2026 for 2,10,90,892 shares (Dist. Nos. 173291425-194382316)
  • Lock-in Expiry (Tranche 2): June 14, 2027 for 2,42,42,424 shares (Dist. Nos. 149049001-173291424)

Impact Assessment

This is a company-specific listing notification with minimal market-wide impact. The preferential allotment increases the total equity base of Baroda Extrusion Ltd. by 4.53 crore shares. Lock-in provisions ensure that 100% of the newly issued shares cannot be freely traded until June 2026-2027, limiting immediate liquidity impact. Existing shareholders should note the dilution effect and promoter/non-promoter participation details.

Impact Justification

Routine listing of preferential shares with lock-in for single company; limited market-wide impact