Description

1.6 crore equity shares of PCBL Chemical Limited issued to promoters via preferential allotment listed on BSE with effect from December 12, 2025.

Summary

BSE has announced the listing of 1,60,00,000 (1.6 crore) new equity shares of PCBL Chemical Limited (Scrip Code: 506590) with effect from Friday, December 12, 2025. These shares were issued to promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 280 per share (face value Rs. 1 with premium of Rs. 279). The shares are subject to a lock-in period until June 30, 2027.

Key Points

  • 1.6 crore equity shares of Rs. 1/- each issued at premium of Rs. 279/-
  • Total issue price: Rs. 280 per share
  • Issued to promoters on preferential basis via warrant conversion
  • Date of allotment: November 3, 2025
  • Trading commencement: December 12, 2025
  • Distinctive numbers: 377462605 to 393462604
  • ISIN: INE602A01031
  • New shares rank pari-passu with existing equity shares
  • All shares subject to lock-in until June 30, 2027

Regulatory Changes

No regulatory changes. This is a routine listing notification for new securities issued pursuant to warrant conversion under existing SEBI guidelines for preferential allotment.

Compliance Requirements

  • Trading members must note the new securities available for trading from December 12, 2025
  • Lock-in restrictions apply to all 1.6 crore shares until June 30, 2027
  • Promoters holding these shares must comply with lock-in provisions as per SEBI regulations

Important Dates

  • Allotment Date: November 3, 2025
  • Listing Date: December 12, 2025
  • Lock-in Expiry: June 30, 2027

Impact Assessment

Market Impact: The listing of 1.6 crore new shares represents a significant equity issuance to promoters through warrant conversion. The 2.5-year lock-in period (until June 30, 2027) ensures these shares cannot be immediately traded, mitigating short-term supply pressure on the stock.

Shareholder Impact: Existing shareholders will experience dilution as the equity base expands. However, since the shares are issued to promoters, this indicates promoter confidence and increased promoter stake in the company.

Operational Impact: The preferential allotment at Rs. 280 per share will bring substantial capital (approximately Rs. 448 crore) to PCBL Chemical Limited, potentially for business expansion, debt reduction, or working capital requirements. The pari-passu ranking ensures new shares have equal rights with existing shares.

Impact Justification

Significant share issuance (1.6 crore shares) to promoters via warrant conversion with 2.5 year lock-in period. Medium impact due to promoter holding increase and potential dilution for existing shareholders.