Description

BSE announces listing of 4,53,33,316 new equity shares of Baroda Extrusion Ltd. issued on preferential basis, effective November 10, 2025.

Summary

BSE has announced the listing of 4,53,33,316 new equity shares of Baroda Extrusion Ltd. (Scrip Code: 513502) issued on a preferential basis to promoters and non-promoters. The shares will be listed and available for trading from Monday, November 10, 2025. The shares were allotted at Rs. 8.25 per share (face value Re. 1 + premium 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 (face value Re. 1 + premium Rs. 7.25)
  • Allotment date: August 28, 2025
  • Trading commencement: November 10, 2025
  • ISIN: INE927K01023
  • Distribution numbers: 149049001 to 194382316
  • New shares rank pari-passu with existing equity shares
  • Issued to promoter and non-promoter on preferential basis

Regulatory Changes

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

Compliance Requirements

Trading members are informed to note the new securities for trading purposes. The company must comply with lock-in requirements as specified:

  • 24,242,424 shares (Dist. Nos. 149049001-173291424) locked in until June 14, 2027
  • 21,090,892 shares (Dist. Nos. 173291425-194382316) locked in until June 14, 2026

Important Dates

  • Allotment Date: August 28, 2025
  • Trading Commencement: November 10, 2025
  • Lock-in Expiry (Tranche 1): June 14, 2026 (21,090,892 shares)
  • Lock-in Expiry (Tranche 2): June 14, 2027 (24,242,424 shares)
  • Notice Date: November 7, 2025

Impact Assessment

Market Impact: Low. This is a routine listing of preferentially allotted shares representing capital raising by Baroda Extrusion Ltd. The lock-in periods ensure that a significant portion of the new shares (100% of allotment) will not immediately impact market liquidity.

Trading Impact: Minimal immediate impact as all shares are under lock-in. The shares will gradually become tradeable starting June 14, 2026.

Shareholder Impact: Existing shareholders should note the dilution from the preferential allotment. The pari-passu ranking ensures equal rights for new and existing shareholders in terms of dividends and voting.

Impact Justification

Routine listing notice for preferential allotment to promoter and non-promoter groups with standard lock-in periods