Description

BSE announces listing of 11,40,73,460 new equity shares of Soma Papers & Industries Ltd. with lock-in period expiring on June 30, 2026.

Summary

BSE has listed 11,40,73,460 new equity shares of Soma Papers & Industries Ltd. The shares have been allotted to multiple investors through CDSL and NSDL depositories with distinctive numbers ranging from 14,02,151 to 115,475,610. All allotted shares are subject to a lock-in period expiring on June 30, 2026.

Key Points

  • Total equity shares allotted: 11,40,73,460 shares
  • Allotment through both CDSL and NSDL depositories
  • Largest single allotment: 2,43,68,960 shares (appears twice in the list)
  • Second largest allotment: 83,33,845 shares (appears twice)
  • Multiple institutional and individual allotments ranging from 10,000 to 2.43 crore shares
  • Distinctive number range: From 14,02,151 to 115,475,610
  • Uniform lock-in expiry date for all allotments

Regulatory Changes

No regulatory changes mentioned in this circular. This is a standard listing notification for new securities.

Compliance Requirements

  • All allotted shares must comply with the lock-in period ending June 30, 2026
  • Shares cannot be transferred or sold until the lock-in period expires
  • Depository participants (CDSL and NSDL) must maintain lock-in records as per depository credit confirmation

Important Dates

  • Listing Date: December 10, 2025
  • Lock-in Expiry Date: June 30, 2026 (applicable to all allotted shares)

Impact Assessment

Market Impact: The listing of 11.4 crore new equity shares represents a substantial increase in the issued capital of Soma Papers & Industries Ltd. This will result in:

  • Significant dilution for existing shareholders
  • Increased market capitalization
  • No immediate impact on trading liquidity due to 18-month lock-in period
  • Potential overhang concern when lock-in expires in June 2026

Liquidity Impact: With all shares locked-in until June 30, 2026, there will be no immediate change to the free float or trading volumes. However, investors should be aware of potential supply pressure post lock-in expiry.

Company Impact: The preferential allotment suggests significant capital raising by the company, likely for expansion, debt reduction, or working capital purposes. The large allotments to a few investors indicate strategic or institutional participation.

Impact Justification

Significant equity listing of 11.4 crore shares with lock-in period, indicating major capital raising activity that may impact stock liquidity and dilution for existing shareholders