Description

Listing of 27,67,000 equity shares of Precision Wires India Ltd issued on preferential basis pursuant to conversion of warrants, with lock-in till December 19, 2026.

Summary

BSE has listed 27,67,000 new equity shares of Precision Wires India Ltd (Scrip Code: 523539) issued to non-promoters on a preferential basis pursuant to conversion of warrants. The shares will commence trading from December 31, 2025, and are subject to a lock-in period until December 19, 2026.

Key Points

  • 27,67,000 equity shares of Rs. 1/- each issued at a premium of Rs. 150/-
  • Issue price: Rs. 151/- per share
  • Allotted to non-promoters on preferential basis
  • Issued pursuant to conversion of warrants
  • Distinctive Numbers: 180040976 to 182807975
  • Date of allotment: October 20, 2025
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE372C01037

Regulatory Changes

No regulatory changes introduced by this circular. This is a routine listing notification for preferential allotment.

Compliance Requirements

  • Trading members are informed of the new securities available for trading
  • Lock-in restrictions must be observed until December 19, 2026
  • All 27,67,000 shares are subject to the lock-in period

Important Dates

  • Allotment Date: October 20, 2025
  • Trading Commencement: December 31, 2025
  • Lock-in Expiry: December 19, 2026

Impact Assessment

Market Impact: Low - This is a standard preferential allotment listing with limited dilution impact. The shares represent capital raised through warrant conversion to non-promoter investors.

Shareholder Impact: The allotment increases the equity base of Precision Wires India Ltd. The lock-in period of approximately 12 months ensures no immediate selling pressure from these allottees.

Trading Impact: Minimal impact on trading operations. The shares will be available for secondary market trading from December 31, 2025, subject to lock-in restrictions.

Impact Justification

Routine preferential allotment listing affecting single company with modest dilution (27.67 lakh shares). Standard corporate action with no market-wide implications.