Description

9,62,893 equity shares of Remi Edelstahl Tubulars Limited issued on preferential basis to Promoter and Non-Promoter are listed and permitted to trade with effect from November 28, 2025.

Summary

BSE has listed 9,62,893 equity shares of Remi Edelstahl Tubulars Limited (Scrip Code: 513043) issued on a preferential basis. The shares are permitted to trade on the Exchange with effect from Friday, November 28, 2025. These shares rank pari-passu with existing equity shares and are subject to lock-in periods.

Key Points

  • Total shares listed: 9,62,893 equity shares of Rs. 10/- each
  • Issue price: Rs. 129.33/- (including premium of Rs. 119.33/-)
  • Allotment date: October 20, 2025
  • Trading commencement: November 28, 2025
  • ISIN: INE158G01015
  • Distribution numbers: 10982401 to 11945293
  • Issued to both Promoter and Non-Promoter on preferential basis
  • Shares rank 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 lock-in restrictions on the shares:
    • 2,67,000 shares (Dist. Nos. 10982401-11249400): Locked-in until May 31, 2027
    • 6,95,893 shares (Dist. Nos. 11249401-11945293): Locked-in until June 1, 2026
  • Members must ensure compliance with lock-in provisions during trading

Important Dates

  • Allotment Date: October 20, 2025
  • Trading Commencement: November 28, 2025
  • Lock-in Expiry (Tranche 1): June 1, 2026 (6,95,893 shares)
  • Lock-in Expiry (Tranche 2): May 31, 2027 (2,67,000 shares)

Impact Assessment

This is a routine listing of preferentially allotted shares with minimal market impact. The lock-in periods ensure that a significant portion of shares (approximately 27.7%) will remain locked until May 2027, while the majority (72.3%) will be released by June 2026. The preferential allotment increases the paid-up capital of the company and the shares rank equally with existing shares, maintaining standard shareholder rights.

Impact Justification

Routine listing of preferential allotment shares with lock-in periods; limited market impact as shares represent approximately 9.63 lakh shares with staged lock-in releases.