Description
Fedders Holding Limited lists 2,00,000 equity shares issued at Rs. 57.20 on preferential basis to non-promoters pursuant to warrant conversion, with lock-in until July 30, 2026.
Summary
BSE has listed 2,00,000 equity shares of Fedders Holding Limited (Scrip Code: 511628) effective December 23, 2025. These shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 57.20 per share (face value Re. 1 with premium of Rs. 56.20). The shares are subject to lock-in until July 30, 2026.
Key Points
- 2,00,000 equity shares of Re. 1/- each issued at premium of Rs. 56.20
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Shares rank pari-passu with existing equity shares
- Distinguished Numbers: 201215971 to 201415970
- Date of Allotment: October 18, 2025
- ISIN: INE417D01020
- Trading commences: December 23, 2025
Regulatory Changes
No regulatory changes. This is a routine listing notification following preferential allotment procedures.
Compliance Requirements
Trading members must note:
- New securities are available for trading from December 23, 2025
- All 2,00,000 shares are under lock-in restriction until July 30, 2026
- Shares have same rights as existing equity shares (pari-passu status)
Important Dates
- Allotment Date: October 18, 2025
- Trading Commencement: December 23, 2025
- Lock-in Expiry: July 30, 2026
- Notice Date: December 22, 2025
Impact Assessment
Market Impact: Low - The listing represents a small preferential allotment of 2 lakh shares, which is unlikely to significantly affect the stock’s trading dynamics or market capitalization.
Shareholder Impact: Minimal dilution for existing shareholders. The shares are locked-in for approximately 7 months, preventing immediate sale by allottees.
Trading Impact: Negligible - The quantity is relatively small and lock-in restrictions limit immediate liquidity impact. The preferential issue was to non-promoters, indicating fundraising or strategic investor participation.
Impact Justification
Routine listing of preferential shares post-warrant conversion with limited quantity (2 lakh shares) and minimal market impact for a single company.