Description
BSE announces listing of 1,70,06,802 equity shares of Gayatri BioOrganics Limited issued pursuant to BIFR order to promoters on preferential basis, with lock-in periods extending to 2026-2027.
Summary
BSE has listed 1,70,06,802 equity shares of Gayatri BioOrganics Limited (Scrip Code: 524564) for trading with effect from December 03, 2025. These shares were issued at Rs.11.76 per share pursuant to a Board of Industrial and Financial Reconstruction (BIFR) order to promoters on a preferential basis. The allotment was originally made on October 13, 2016, and the shares are subject to lock-in periods.
Key Points
- Total Shares Listed: 1,70,06,802 equity shares of Rs.10/- each
- Issue Price: Rs.11.76 per share
- ISIN: INE052E01015
- Scrip Code: 524564
- Allotment Nature: Preferential allotment to promoters under BIFR order
- Trading Commencement: December 03, 2025
- Ranking: Pari-passu with existing equity shares
- Distinctive Numbers: 61781341 to 78788142
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification following BIFR order compliance.
Compliance Requirements
- Trading members are informed of the new securities available for trading
- Lock-in restrictions must be observed as per the schedule provided
- The shares rank equally with existing equity shares for all corporate actions
Important Dates
- Original Allotment Date: October 13, 2016
- Trading Commencement Date: December 03, 2025
- Lock-in Expiry (Batch 1): June 30, 2026 - 12,49,173 shares (Dist. Nos. 77538970-78788142)
- Lock-in Expiry (Batch 2): June 30, 2027 - 1,57,57,629 shares (Dist. Nos. 61781341-77538969)
Impact Assessment
Market Impact: Low. While a significant number of shares (1.70 crore) are being listed, the majority (92.7%) remain locked-in until June 2027, with the remaining 7.3% locked until June 2026. This prevents immediate supply increase in the market.
Operational Impact: Minimal. Standard listing procedure for shares issued under BIFR restructuring. The long gap between allotment (2016) and listing (2025) suggests this is part of corporate restructuring completion.
Investor Impact: Limited immediate impact due to lock-in restrictions. Promoters cannot sell these shares until respective lock-in periods expire, providing stability to the shareholding pattern.
Impact Justification
Standard listing of preferential allotment to promoters under BIFR order. Shares already allotted in 2016, now being formally listed. Limited market impact as shares are locked-in until 2026-2027.