Description

BSE announces the listing of 53,942,887 equity shares of Advent Hotels International Limited with various lock-in periods.

Summary

BSE has announced the listing of 53,942,887 equity shares of Advent Hotels International Limited. The shares are divided into 10 tranches with varying lock-in periods, with some shares available for free trading and others locked-in until specified dates in 2026.

Key Points

  • Total equity shares listed: 53,942,887
  • Shares are divided into 10 distinct tranches with different ranges
  • Lock-in periods extend up to October 30, 2026 and November 5, 2026
  • Largest tranche: 28,512,109 shares (free for trading)
  • Second largest tranche: 16,760,778 shares (free for trading)
  • Multiple tranches locked-in until May 30, 2026 and October 30, 2026

Share Distribution Details

Free Trading Shares

  • Range 1-28,512,109: 28,512,109 shares (Free)
  • Range 31,520,110-31,960,109: 440,000 shares (Free)
  • Range 33,460,110-33,597,109: 137,000 shares (Free)
  • Range 36,742,110-37,182,109: 440,000 shares (Free)
  • Range 37,182,110-53,942,887: 16,760,778 shares (Free)

Lock-in Shares

  • Range 28,512,110-30,520,109: 2,008,000 shares (Lock-in until 30-Oct-2026)
  • Range 30,520,110-31,520,109: 1,000,000 shares (Lock-in until 30-May-2026)
  • Range 33,597,110-35,742,109: 2,145,000 shares (Lock-in until 05-Nov-2026)
  • Range 35,742,110-36,742,109: 1,000,000 shares (Lock-in until 30-Oct-2026)

Important Dates

  • Lock-in expiry: May 30, 2026 (for 1,000,000 shares)
  • Lock-in expiry: October 30, 2026 (for 3,008,000 shares)
  • Lock-in expiry: November 5, 2026 (for 2,145,000 shares)
  • Listing date: November 11, 2025

Impact Assessment

The listing adds approximately 53.9 million shares of Advent Hotels International Limited to BSE. With approximately 46.7 million shares available for immediate trading (free shares) and 6.2 million shares under lock-in, the company will have reasonable liquidity. The staggered lock-in release dates through November 2026 will gradually increase the float, potentially impacting share price as locked-in shares become available for trading.

Impact Justification

New equity listing with significant volume and multiple lock-in tranches affecting trading availability