Description
3 crore equity shares of Ramchandra Leasing & Finance Limited issued to promoters on preferential basis listed and permitted to trade from November 24, 2025.
Summary
BSE has listed 3,00,00,000 equity shares of Ramchandra Leasing & Finance Limited (Scrip Code: 538540) issued to promoters on a preferential basis. The shares are permitted to trade from Monday, November 24, 2025. The shares were allotted on September 2, 2025 at an issue price of Rs. 2.26 per share (face value Re. 1 plus premium of Rs. 1.26) and are subject to lock-in until June 30, 2027.
Key Points
- 3 crore equity shares of Re. 1 face value each listed
- Issued to promoters on preferential basis at Rs. 2.26 per share
- Issue price includes premium of Rs. 1.26 per share
- Shares ranking pari-passu with existing equity shares
- Trading permitted from November 24, 2025
- Distinctive Numbers: 51162001 to 81162000
- ISIN: INE516P01015
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed of the listing and trading permission for these new securities. No specific compliance actions required.
Important Dates
- Allotment Date: September 2, 2025
- Trading Commencement: November 24, 2025
- Lock-in Expiry: June 30, 2027
Impact Assessment
This is a routine preferential allotment to promoters with minimal market impact. All 3 crore shares are locked-in until June 30, 2027, preventing immediate trading by allottees. The shares rank pari-passu with existing equity, maintaining equal rights. The preferential issue strengthens promoter holding and capital base of the company.
Impact Justification
Routine preferential allotment to promoters with standard lock-in period. Limited market impact as shares are locked until June 2027.