Description
BSE announces the listing of equity shares of STANBIK AGRO LIMITED with lock-in provisions for certain securities until December 2026, 2027, and 2028.
Summary
BSE has listed the equity shares of STANBIK AGRO LIMITED. A total of 13,324,847 fully paid equity shares have been listed, with 9,230,847 shares subject to lock-in restrictions expiring on different dates between 2026 and 2028. All securities are held in demat form.
Key Points
- Total securities listed: 13,324,847 fully paid equity shares
- Lock-in securities: 9,230,847 shares (69.3% of total)
- All securities are held in demat form
- Lock-in securities divided into three tranches with different unlock dates
- 4,094,000 shares are immediately tradable (no lock-in)
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
No specific compliance requirements for market participants. The lock-in restrictions apply to the holders of the locked-in securities as per standard listing regulations.
Important Dates
- December 25, 2026: Lock-in expires for 3,332,138 shares (distinctive numbers 5,898,710 to 9,230,847)
- December 25, 2027: Lock-in expires for 2,665,570 shares (distinctive numbers 2,665,571 to 5,898,709)
- December 25, 2028: Lock-in expires for 2,665,570 shares (distinctive numbers 1 to 2,665,570)
Impact Assessment
Market Impact: Low - This is a routine new listing announcement affecting only STANBIK AGRO LIMITED.
Liquidity Impact: Initially limited as approximately 69% of shares are under lock-in. Free float of 4,094,000 shares available for immediate trading.
Investor Impact: Minimal for broader market. Relevant only to investors interested in STANBIK AGRO LIMITED. Lock-in schedule provides clarity on future supply of shares to the market over the next three years.
Impact Justification
Routine listing announcement for a single company with standard lock-in provisions for promoter/pre-IPO shareholders