Description

9,62,893 new equity shares of Remi Edelstahl Tubulars Limited listed on BSE with effect from November 28, 2025, issued on preferential basis to promoters and non-promoters.

Summary

BSE has announced the listing of 9,62,893 new equity shares of Remi Edelstahl Tubulars Limited (Scrip Code: 513043) with effect from Friday, November 28, 2025. The shares were issued at a premium of Rs. 119.33 per share (face value Rs. 10) on a preferential basis to promoters and non-promoters. The allotment was completed on October 20, 2025, and the shares rank pari-passu with existing equity shares. Different tranches of shares have varying lock-in periods.

Key Points

  • Total shares listed: 9,62,893 equity shares
  • Face value: Rs. 10 per share
  • Issue price: Rs. 129.33 per share (including premium of Rs. 119.33)
  • Distribution numbers: 10982401 to 11945293
  • Date of allotment: October 20, 2025
  • Effective trading date: November 28, 2025
  • ISIN: INE158G01015
  • Scrip Code: 513043
  • Issued on preferential basis to promoters and non-promoters
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for preferentially allotted shares.

Compliance Requirements

  • Trading members are informed to note the new securities for trading purposes
  • Lock-in restrictions must be observed as per the specified schedule
  • Two different lock-in periods apply to different tranches of shares

Important Dates

  • Allotment Date: October 20, 2025
  • Trading Commencement: November 28, 2025
  • Lock-in Expiry (Tranche 1): May 31, 2027 for 2,67,000 shares (Dist. Nos. 10982401-11249400)
  • Lock-in Expiry (Tranche 2): June 1, 2026 for 6,95,893 shares (Dist. Nos. 11249401-11945293)

Impact Assessment

Market Impact: Low. The preferential allotment represents a relatively modest increase in share capital. The staggered lock-in periods (until June 2026 and May 2027) will limit immediate liquidity impact.

Shareholding Impact: The allotment includes both promoter and non-promoter categories, with the majority (6,95,893 shares) having a shorter lock-in period ending June 2026.

Trading Impact: Trading members should update their systems to reflect the increased share capital and applicable lock-in restrictions for the new distribution numbers.

Impact Justification

Routine listing of preferential allotment shares with minimal market impact given relatively small issuance size