Description

BSE announces listing of 11,50,800 equity shares of Foseco India Ltd issued on preferential basis to non-promoters at Rs. 5,674.12 per share, effective December 26, 2025.

Summary

BSE has announced the listing of 11,50,800 new equity shares of Foseco India Ltd (Scrip Code: 500150) effective Friday, December 26, 2025. The shares were issued to non-promoters on a preferential basis at Rs. 5,674.12 per share (face value Rs. 10 plus premium of Rs. 5,664.12). The newly listed shares rank pari-passu with existing equity shares and are subject to lock-in restrictions until June 30, 2026.

Key Points

  • Total new securities: 11,50,800 equity shares of Rs. 10/- each
  • Issue price: Rs. 5,674.12 per share (including premium of Rs. 5,664.12)
  • Allotment date: November 12, 2025
  • Trading commencement: December 26, 2025
  • Distinctive numbers: 6386460 to 7537259
  • ISIN: INE519A01011
  • Issued to: Non-promoters on preferential basis
  • Ranking: Pari-passu with existing equity shares
  • Lock-in period: Until June 30, 2026 for all 11,50,800 shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following preferential allotment procedures.

Compliance Requirements

Trading members must note:

  • New securities permitted for trading from December 26, 2025
  • All 11,50,800 shares subject to lock-in restrictions until June 30, 2026
  • Shares rank equally with existing equity shares of the company

Important Dates

  • Allotment Date: November 12, 2025
  • Trading Start Date: December 26, 2025 (Friday)
  • Lock-in Expiry: June 30, 2026

Impact Assessment

Low market impact. This is a routine listing of preferential allotment shares for a single company. The lock-in period until June 30, 2026 prevents immediate selling pressure. The preferential issue to non-promoters at a significant premium (Rs. 5,664.12 over face value of Rs. 10) indicates capital raising for corporate purposes. Total issue size approximately Rs. 65.3 crores.

Impact Justification

Routine listing notification for preferential allotment affecting single company with lock-in restrictions