Description

45,333,316 equity shares of Baroda Extrusion Ltd. issued on preferential basis to promoters and non-promoters listed and permitted for trading from November 10, 2025.

Summary

BSE has approved the listing of 45,333,316 new equity shares of Baroda Extrusion Ltd. (Scrip Code: 513502) issued on a preferential basis to promoters and non-promoters. The shares will be available for trading from Monday, November 10, 2025. The shares were allotted at Re. 1/- face value with a premium of Rs. 7.25/- per share, totaling an issue price of Rs. 8.25/-. A portion of these shares are subject to lock-in periods extending until June 2026 and June 2027.

Key Points

  • Total shares listed: 45,333,316 equity shares of Re. 1/- each
  • Issue price: Rs. 8.25/- per share (face value Re. 1/- + premium Rs. 7.25/-)
  • Date of allotment: August 28, 2025
  • Trading commencement: November 10, 2025
  • ISIN: INE927K01023
  • Distribution numbers: 149049001 to 194382316
  • Shares rank pari-passu with existing equity shares
  • Issued to both promoters and non-promoters on preferential basis

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the new securities in their systems
  • Lock-in restrictions must be observed for specified share quantities
  • Shares rank equally with existing equity shares for all corporate actions

Important Dates

  • Date of Allotment: August 28, 2025
  • Trading Commencement: November 10, 2025
  • Lock-in Period 1: 21,090,892 shares (Dist. Nos. 173291425-194382316) locked until June 14, 2026
  • Lock-in Period 2: 24,242,424 shares (Dist. Nos. 149049001-173291424) locked until June 14, 2027

Impact Assessment

Market Impact: Low - This is a routine listing of preferential allotment shares for a single company.

Shareholder Impact: Existing shareholders of Baroda Extrusion Ltd. should note the dilution effect of 45.33 million additional shares entering the market. However, the lock-in periods on the entire allotment (extending to 2026-2027) will prevent immediate supply pressure.

Trading Impact: Minimal immediate trading impact expected due to complete lock-in on all allotted shares. The shares will be available for trading technically from November 10, 2025, but actual free float will remain restricted until lock-in periods expire.

Impact Justification

Routine listing of preferential allotment shares for a single company with limited market-wide impact. Significant only for existing shareholders of Baroda Extrusion Ltd.