Description

Listing of 28,49,448 equity shares of Piccadily Agro Industries Ltd. issued on preferential basis pursuant to conversion of CCDs, effective December 26, 2025.

Summary

BSE has approved the listing of 28,49,448 new equity shares of Piccadily Agro Industries Ltd. (Scrip Code: 530305) effective Friday, December 26, 2025. These shares were issued at a premium of Rs. 734/- to non-promoters on a preferential basis pursuant to the conversion of Compulsory Convertible Debentures (CCDs). The shares rank pari-passu with existing equity shares.

Key Points

  • 28,49,448 equity shares of Rs. 10/- each listed
  • Issue price: Rs. 744/- per share (Rs. 10 face value + Rs. 734 premium)
  • Issued to non-promoters on preferential basis
  • Shares arise from conversion of Compulsory Convertible Debentures (CCDs)
  • Date of allotment: September 10, 2025
  • Distinctive numbers: 95655122 to 98504569
  • ISIN: INE546C01010
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

Trading members must note the listing of these new securities for trading purposes. No specific compliance actions required beyond normal trading operations.

Important Dates

  • Date of Allotment: September 10, 2025
  • Listing Date: December 26, 2025 (Friday)
  • Notice Date: December 24, 2025

Impact Assessment

Market Impact: Low - This is a routine listing following CCD conversion affecting a single company. The dilution of approximately 28.5 lakh shares represents capital restructuring activity.

Operational Impact: Minimal - Trading members need only update their systems to reflect the increased share count for Piccadily Agro Industries Ltd. The shares are immediately tradable from December 26, 2025.

Investor Impact: Information is relevant for existing shareholders tracking dilution and for investors monitoring preferential allotments and capital structure changes.

Impact Justification

Routine listing notification for converted CCDs; minimal market-wide impact, primarily informational for trading members.