Description
BSE lists 2,00,000 new equity shares of FEDDERS HOLDING LIMITED issued on preferential basis pursuant to warrant conversion, with lock-in period until July 30, 2026.
Summary
BSE has listed 2,00,000 new equity shares of FEDDERS HOLDING LIMITED (Scrip Code: 511628) with effect from December 23, 2025. These shares were issued at a premium of Rs. 56.20 per share (face value Re. 1) to Non-Promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in until July 30, 2026.
Key Points
- 2,00,000 equity shares of Re. 1/- each listed on BSE
- Issue price: Rs. 57.20 per share (Re. 1 face value + Rs. 56.20 premium)
- Issued to Non-Promoters on preferential basis
- Allotment pursuant to conversion of warrants
- Date of allotment: October 18, 2025
- Trading commences: December 23, 2025
- Shares rank pari-passu with existing equity shares
- ISIN: INE417D01020
- Distinctive Numbers: 201215971 to 201415970
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
- Trading members are informed of the new securities listing
- All 2,00,000 shares are subject to mandatory lock-in provisions
- Lock-in period compliance required by allottees
Important Dates
- Allotment Date: October 18, 2025
- Trading Commencement: December 23, 2025
- Lock-in Period End: July 30, 2026
Impact Assessment
This is a routine preferential allotment with minimal market impact. The issuance of 2,00,000 shares represents a small capital raise through warrant conversion. The lock-in period until July 30, 2026 ensures these shares cannot be traded immediately, preventing sudden supply pressure. The shares carry the same rights as existing equity shares, maintaining equity structure consistency. This is a standard corporate action with limited operational or market-wide implications.
Impact Justification
Routine listing of small preferential allotment (2 lakh shares) to non-promoters with standard lock-in provisions