Description

BSE announces listing and trading of 1,43,80,000 preferential equity shares of Tilaknagar Industries Ltd issued to non-promoters at Rs. 382 per share, with lock-in period until June 30, 2026.

Summary

BSE has listed 1,43,80,000 equity shares of Tilaknagar Industries Ltd (Scrip Code: 507205) issued on preferential basis to non-promoters. The shares are permitted to trade on the exchange with effect from December 9, 2025. These shares were allotted on September 29, 2025 at an issue price of Rs. 382 per share (face value Rs. 10 with premium of Rs. 372) and are subject to lock-in until June 30, 2026.

Key Points

  • 1,43,80,000 new equity shares of Rs. 10 face value each listed
  • Issued at premium of Rs. 372 per share (total issue price: Rs. 382)
  • Allotted to non-promoters on preferential basis
  • Trading permitted from December 9, 2025
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE133E01013
  • Distinctive Numbers: 193813751 to 208193750

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for preferential allotment.

Compliance Requirements

  • Trading members are informed of the new securities listing
  • Lock-in period compliance required until June 30, 2026 for all 1,43,80,000 shares
  • Shares must be treated as locked-in securities and cannot be transferred during the lock-in period

Important Dates

  • Allotment Date: September 29, 2025
  • Trading Commencement: December 9, 2025
  • Lock-in Period: September 29, 2025 to June 30, 2026

Impact Assessment

Market Impact: Low - This is a preferential allotment to non-promoters with complete lock-in until June 30, 2026, meaning these shares will not be available for trading in the open market during the lock-in period. The listing is largely administrative, with no immediate liquidity impact.

Operational Impact: Minimal - Standard listing process for preferential shares. Trading members need to be aware of the lock-in restrictions when handling these securities.

Capital Structure: The preferential allotment increases the paid-up capital of Tilaknagar Industries Ltd by approximately Rs. 14.38 crores (face value), with total proceeds of approximately Rs. 54.93 crores including premium.

Impact Justification

Routine listing of preferential shares for single company with lock-in restrictions, limited immediate market impact