Description

BSE circular regarding 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 across 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
  • Shares distributed across both CDSL and NSDL depositories
  • Largest single allotment: 2,43,68,960 shares
  • Multiple allotments ranging from 10,000 to over 2.4 crore shares
  • Distinctive number range: 14,02,151 to 115,475,610
  • All shares credited to demat accounts

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • All allotted equity shares are subject to lock-in restrictions
  • Shareholders must comply with lock-in provisions until expiry date
  • Shares cannot be transferred or sold before lock-in expiry

Important Dates

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

Impact Assessment

Market Impact: Medium - The listing of 11.4 crore new shares represents significant equity dilution for existing shareholders. The extent of dilution depends on the pre-listing share capital.

Trading Impact: The 18-month lock-in period (until June 30, 2026) will restrict supply of these shares in the secondary market during this period, potentially supporting price stability.

Shareholder Impact: Existing shareholders will experience ownership dilution. The lock-in period provides certainty that these shares will not create immediate selling pressure in the market.

Impact Justification

Significant listing of over 11.4 crore new equity shares with 18-month lock-in period, material for existing shareholders due to dilution impact