Description

BSE lists 1,00,17,200 new equity shares of Himadri Speciality Chemical Ltd. issued on preferential basis pursuant to warrant conversion, effective January 2, 2026.

Summary

BSE has listed and permitted trading of 1,00,17,200 new equity shares of Himadri Speciality Chemical Ltd. (Scrip Code: 500184) effective from January 2, 2026. These shares were issued at a premium of Rs. 315/- to Promoter and Non-Promoter on a preferential basis pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares.

Key Points

  • Total new shares listed: 1,00,17,200 equity shares of Rs. 1/- each
  • Issue price: Rs. 316/- per share (Rs. 1/- face value + Rs. 315/- premium)
  • Issue type: Preferential allotment pursuant to warrant conversion
  • Allotment date: November 7, 2025
  • Trading commencement: January 2, 2026
  • ISIN: INE019C01026
  • Distinctive numbers: 494477751 to 504494950
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new securities.

Compliance Requirements

Trading members are informed of the listing and permitted to trade these securities from January 2, 2026. No specific compliance actions required beyond standard trading procedures.

Important Dates

  • Allotment Date: November 7, 2025
  • Trading Commencement: January 2, 2026
  • Lock-in Expiry (1,00,00,000 shares): July 16, 2027
  • Lock-in Expiry (17,200 shares): July 16, 2026

Impact Assessment

Limited market impact. This is a routine listing of preferential allotment shares representing warrant conversion. The lock-in provisions on 1,00,00,000 shares until July 16, 2027 will restrict immediate selling pressure. The relatively small number of shares without extended lock-in (17,200 shares) will have minimal impact on liquidity. Standard procedural notification for trading members with no operational changes required.

Impact Justification

Routine listing of preferential allotment shares post warrant conversion for a single company with standard lock-in provisions