Description
13,60,000 equity shares of Vikram Kamat's Hospitality Limited issued on preferential basis to non-promoters listed and permitted to trade from December 15, 2025.
Summary
BSE has announced the listing and trading commencement of 13,60,000 new equity shares of Vikram Kamat’s Hospitality Limited (Scrip Code: 539659) effective from Monday, December 15, 2025. These shares were issued at a premium of Rs. 65/- on a preferential basis to non-promoters and are subject to lock-in until June 30, 2026.
Key Points
- 13,60,000 equity shares of Rs. 10/- each issued at a premium of Rs. 65/- per share
- Issue price: Rs. 75/- per share
- Allotted to non-promoters on preferential basis
- Date of allotment: October 30, 2025
- Trading commencement date: December 15, 2025
- New shares rank pari-passu with existing equity shares
- ISIN: INE564S01019
- Distinctive numbers: 15775866 to 17135865
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members are informed about the new securities listing
- All 13,60,000 shares are subject to mandatory lock-in period
- Lock-in period expires on June 30, 2026
Important Dates
- Date of Allotment: October 30, 2025
- Trading Commencement: December 15, 2025
- Lock-in Expiry: June 30, 2026
Impact Assessment
This is a routine corporate action involving preferential allotment to non-promoters. The market impact is expected to be minimal due to:
- Relatively small issue size of 13.6 lakh shares
- Complete lock-in of all allotted shares until June 30, 2026, preventing immediate market supply
- Shares rank pari-passu with existing equity, maintaining equal rights structure
- Standard preferential allotment transaction with no unusual terms
Impact Justification
Routine listing of preferential allotment shares with standard lock-in period. Limited market impact due to relatively small issue size and lock-in restrictions.