Description

BSE announces listing of 50 lakh equity shares of Bhatia Communications & Retail (India) Limited issued on preferential basis pursuant to warrant conversion, effective December 23, 2025.

Summary

BSE has listed 50,00,000 equity shares of Re. 1/- each of Bhatia Communications & Retail (India) Limited (Scrip Code: 540956) issued at a premium of Rs. 22.75/- to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are permitted to trade on the Exchange with effect from Tuesday, December 23, 2025.

Key Points

  • 50 lakh equity shares of Re. 1/- each listed on BSE
  • Issue price: Rs. 23.75/- per share (Re. 1/- face value + Rs. 22.75/- premium)
  • Issued to non-promoters on preferential basis pursuant to warrant conversion
  • Shares ranking pari-passu with existing equity shares
  • Distinguished Numbers: 125152001 to 130152000
  • ISIN: INE341Z01025
  • Date of allotment: September 30, 2025
  • Trading commences: December 23, 2025

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification.

Compliance Requirements

  • Trading members are informed that these securities are now listed and permitted to trade
  • All shares subject to lock-in restrictions until June 30, 2026

Important Dates

  • Date of Allotment: September 30, 2025
  • Trading Commencement Date: December 23, 2025
  • Lock-in Period Ends: June 30, 2026

Impact Assessment

Market Impact: Low - This is a routine listing of preferential allotment shares. The 50 lakh shares represent additional equity issued to non-promoters through warrant conversion.

Trading Impact: Minimal immediate impact as all 50 lakh shares are subject to lock-in until June 30, 2026, preventing them from being traded in the market during this period.

Shareholding Impact: Dilution to existing shareholders as 50 lakh new shares have been issued to non-promoters, though the full impact depends on the total outstanding share capital of the company.

Impact Justification

Routine listing notification for preferential allotment to non-promoters with standard lock-in period