Description

Shareholding pattern disclosure for Pine Labs Limited following listing of equity shares on BSE, showing 100% public shareholding with zero promoter holding.

Summary

Pine Labs Limited has listed its equity shares on BSE and filed its post-issue shareholding pattern as of November 13, 2025, under Regulation 31(1)(a). The company has 216,316 public shareholders holding 1,148,276,377 fully paid-up equity shares, representing 100% public shareholding with zero promoter holding. The company has outstanding convertible securities totaling 58,860,705 shares, bringing the fully diluted share capital to 1,207,137,082 shares.

Key Points

  • Total fully paid-up equity shares: 1,148,276,377
  • Number of public shareholders: 216,316
  • Promoter & Promoter Group holding: 0% (0 shareholders)
  • Public shareholding: 100%
  • Dematerialized shares: 1,148,276,377 (100%)
  • Outstanding convertible securities: 58,860,705 shares
  • Fully diluted share capital: 1,207,137,082 shares (101.40% of base capital)
  • No partly paid-up shares issued
  • No shares in locked-in status
  • No promoter pledge or encumbrance
  • Outstanding ESOPs granted by the company
  • No depository receipts, warrants, or differential voting rights shares

Regulatory Changes

None. This is a standard shareholding pattern disclosure filing under existing SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Compliance Requirements

  • Listed entity filed shareholding pattern under Regulation 31(1)(a)
  • Declaration provided regarding various securities (partly paid shares, convertible securities, warrants, ESOPs, depository receipts, locked-in shares, pledged shares, NDU, other encumbrances, differential voting rights, significant beneficial owners)
  • Post-issue shareholding pattern disclosed as of November 13, 2025

Important Dates

  • November 13, 2025: Post-issue shareholding pattern date
  • Filing date: November 13, 2025

Impact Assessment

Market Impact: Medium - The listing of Pine Labs Limited adds a new investment option in the equity market. The 100% public shareholding structure is unusual for newly listed companies and indicates no traditional promoter holding, which may reflect the company’s ownership structure (potentially private equity/venture capital backed).

Investor Impact: The availability of outstanding convertible securities (58.86 million shares, representing approximately 5.1% additional dilution) is important for investors to consider when evaluating the company’s equity value. The fully dematerialized shareholding ensures smooth trading operations.

Operational Impact: Low - Standard listing process with no immediate operational changes required for market participants. The large public shareholder base (216,316 shareholders) indicates significant retail and institutional participation in the listing.

Impact Justification

New listing announcement with shareholding pattern disclosure; significant for market participants tracking new listings but limited immediate operational impact