Description

13,60,000 equity shares of Vikram Kamat's Hospitality Limited issued on preferential basis to non-promoters listed and permitted to trade with effect from December 15, 2025.

Summary

BSE has approved the listing of 13,60,000 new equity shares of Vikram Kamat’s Hospitality Limited (Scrip Code: 539659) issued on a preferential basis to non-promoters. The shares will be available for trading from December 15, 2025. These shares were allotted at Rs. 75 per share (face value Rs. 10 plus premium of Rs. 65) and are subject to a lock-in period until June 30, 2026.

Key Points

  • 13,60,000 equity shares of Rs. 10 each issued at a premium of Rs. 65 per share
  • Issued to non-promoters on preferential basis
  • Trading permitted from December 15, 2025
  • Issue price: Rs. 75 per share
  • Shares rank pari-passu with existing equity shares
  • Distribution Numbers: 15775866 to 17135865
  • ISIN: INE564S01019
  • Date of Allotment: October 30, 2025

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members are informed to note the listing of these new securities
  • All 13,60,000 shares are subject to mandatory lock-in provisions

Important Dates

  • Date of Allotment: October 30, 2025
  • Trading Commencement Date: December 15, 2025
  • Lock-in Period Expiry: June 30, 2026

Impact Assessment

This is a standard preferential allotment listing with minimal market impact. The issuance represents additional equity capital raised by Vikram Kamat’s Hospitality Limited from non-promoter investors. The lock-in period until June 30, 2026 ensures these shares cannot be traded for approximately 6 months from the listing date, preventing immediate supply pressure. The shares rank equally with existing equity shares in terms of voting rights and dividends.

Impact Justification

Routine preferential allotment listing of 13.6 lakh equity shares with lock-in period, limited market impact for a single company.