Description
3 crore equity shares of Ramchandra Leasing & Finance Limited issued on preferential basis to promoters will be listed and permitted to trade with effect from November 24, 2025.
Summary
BSE has announced the listing of 3,00,00,000 new equity shares of Ramchandra Leasing & Finance Limited (Scrip Code: 538540) issued to promoters on a preferential basis. The shares will commence trading on Monday, November 24, 2025, and are subject to lock-in until June 30, 2027.
Key Points
- 3 crore equity shares of Re. 1/- each issued at a premium of Rs. 1.26/-
- Issue price: Rs. 2.26 per share
- Allotment date: September 2, 2025
- Shares issued to promoters on preferential basis
- New shares rank pari-passu with existing equity shares
- ISIN: INE516P01015
- Distinctive Numbers: 51162001 to 81162000
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members are informed of the new securities listing
- All 3 crore shares are subject to lock-in restrictions until June 30, 2027
- Shares cannot be transferred or sold until the lock-in period expires
Important Dates
- Allotment Date: September 2, 2025
- Trading Commencement: November 24, 2025 (Monday)
- Lock-in Expiry: June 30, 2027
Impact Assessment
This is a routine preferential allotment to promoters with minimal market impact. The complete lock-in on all shares until June 30, 2027 means these shares will not be available for trading despite being listed. The listing increases the total outstanding shares of Ramchandra Leasing & Finance Limited but does not affect immediate tradable float due to lock-in restrictions.
Impact Justification
Routine listing of preferential allotment to promoters with standard lock-in provisions; limited market-wide impact