Description
BSE announces listing of 19.84 lakh equity shares of Sirca Paints India Limited issued on preferential basis to Non-Promoters, with lock-in period until June 30, 2026.
Summary
BSE has announced the listing of 19,84,000 new equity shares of Sirca Paints India Limited (Scrip Code: 543686) issued on a preferential basis to Non-Promoters. The shares will be available for trading from December 24, 2025, subject to a lock-in period until June 30, 2026.
Key Points
- 19,84,000 equity shares of Rs. 10/- each issued at a premium of Rs. 369.50/-
- Issue price: Rs. 379.50/- per share
- Allotted to Non-Promoters on preferential basis
- Date of allotment: September 11, 2025
- ISIN: INE792Z01011
- Distinctive numbers: 54808801 to 56792800
- Shares rank pari-passu with existing equity shares
- Scrip Code: 543686
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members are informed of the new securities listing
- Lock-in restrictions must be observed until June 30, 2026
- All 19,84,000 shares are subject to lock-in provisions
Important Dates
- Date of Allotment: September 11, 2025
- Trading Commencement: December 24, 2025
- Lock-in Expiry: June 30, 2026
Impact Assessment
This is a routine listing of preferential allotment shares with minimal market impact. The locked-in shares represent approximately 3.7% dilution (assuming around 53 crore existing shares based on distinctive numbers). Trading members should note the lock-in period restrictions. The shares will not be available for sale by allottees until after June 30, 2026, preventing any immediate supply pressure on the stock.
Impact Justification
Routine preferential allotment listing notice affecting limited number of shares with standard lock-in provisions