Description

DRC Systems India Limited has listed 1 crore equity shares issued on preferential basis to non-promoters at Rs. 25 per share, with lock-in period until May 23, 2026.

Summary

BSE has listed 1,00,00,000 (1 crore) new equity shares of DRC Systems India Limited (Scrip Code: 543268) issued on a preferential basis to non-promoters. The shares will be available for trading from November 20, 2025, and are subject to a lock-in period until May 23, 2026.

Key Points

  • Number of Shares: 1,00,00,000 equity shares of Re. 1/- each
  • Issue Price: Rs. 25.00 per share (Re. 1/- face value + Rs. 24/- premium)
  • Allotment Type: Preferential basis to Non-Promoters
  • Date of Allotment: October 28, 2025
  • Trading Commencement: November 20, 2025
  • ISIN: INE03RS01027
  • Distinctive Numbers: 134081331 to 144081330
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

  • Trading Members: Must note the listing of new securities for DRC Systems India Limited
  • Lock-in Compliance: All 1 crore shares are locked-in until May 23, 2026 and cannot be transferred during this period
  • Market Operations: Trading members should update their systems to reflect the new securities available for trading

Important Dates

  • Allotment Date: October 28, 2025
  • Listing Date: November 20, 2025
  • Lock-in Expiry: May 23, 2026

Impact Assessment

Market Impact: Low - This is a routine preferential allotment listing for a single company. The shares will increase the total equity base of DRC Systems India Limited by 1 crore shares.

Liquidity Impact: Minimal immediate impact as all newly listed shares are subject to lock-in until May 23, 2026, preventing their sale in the market until that date.

Investor Impact: Existing shareholders should note the dilution from the preferential allotment. The new shares rank pari-passu with existing shares, meaning they have equal rights and privileges.

Impact Justification

Routine listing of preferential allotment shares for a single company with standard lock-in provisions