Description

11,82,500 equity shares of Manaksia Coated Metals & Industries Ltd issued on preferential basis pursuant to warrant conversion, listed with effect from November 10, 2025.

Summary

BSE has listed 11,82,500 equity shares of Re. 1/- each of Manaksia Coated Metals & Industries Ltd (Scrip Code: 539046) issued at a premium of Rs. 64/- to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are permitted to trade on the exchange with effect from Monday, November 10, 2025, and rank pari-passu with existing equity shares.

Key Points

  • Company: Manaksia Coated Metals & Industries Ltd
  • Scrip Code: 539046
  • Number of shares: 11,82,500 equity shares of Re. 1/- each
  • Issue price: Rs. 65/- (Re. 1/- face value + Rs. 64/- premium)
  • Allotment basis: Preferential allotment to non-promoters
  • Reason: Conversion of warrants
  • Distribution numbers: 105151551 to 106334050
  • ISIN: INE830Q01018
  • Date of allotment: July 4, 2025
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

  • Trading members are informed of the new securities listing
  • All 11,82,500 shares are subject to lock-in restrictions until May 30, 2026
  • Trading permitted from November 10, 2025

Important Dates

  • Date of Allotment: July 4, 2025
  • Trading Commencement Date: November 10, 2025 (Monday)
  • Lock-in Expiry Date: May 30, 2026
  • Notice Date: November 7, 2025

Impact Assessment

Market Impact: Low - The listing involves a relatively small number of shares (11.825 lakh) issued on a preferential basis to non-promoters. The shares are subject to lock-in until May 30, 2026, which prevents immediate trading and limits short-term market impact.

Liquidity Impact: Minimal immediate impact due to lock-in restrictions. Post lock-in expiry (May 2026), there will be a marginal increase in tradable float.

Investor Impact: Relevant only for existing shareholders and warrant holders of Manaksia Coated Metals & Industries Ltd. The preferential allotment dilutes existing shareholding proportionally.

Impact Justification

Routine listing of preferential allotment shares for a single company with lock-in restrictions; limited immediate market impact.