Description

Listing and trading approval for 5,99,160 equity shares of Prospect Consumer Products Limited issued on preferential basis pursuant to warrant conversion, effective January 2, 2026.

Summary

BSE has approved the listing of 5,99,160 new equity shares of Prospect Consumer Products Limited (Scrip Code: 543814) effective January 2, 2026. These shares were issued at Rs. 64 per share (face value Rs. 10 with premium of Rs. 54) to promoters and non-promoters on a preferential basis pursuant to conversion of warrants. The allotment date was October 10, 2025.

Key Points

  • 5,99,160 equity shares of Rs. 10/- each listed and permitted for trading
  • Issue price: Rs. 64 per share (Rs. 10 face value + Rs. 54 premium)
  • Issued to promoters and non-promoters on preferential basis
  • Shares issued pursuant to conversion of warrants
  • Distribution numbers: 5536341 to 6135500
  • ISIN: INE0OKG01017
  • Shares rank pari-passu with existing equity shares
  • Date of allotment: October 10, 2025

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

Trading members are informed of the new securities listing. Lock-in requirements apply as specified:

Lock-in Schedule:

  • 59,160 shares (Dist. Nos. 5536341-5595500): Locked until July 20, 2027
  • 5,40,000 shares (Dist. Nos. 5595501-6135500): Locked until July 20, 2026

Important Dates

  • Allotment Date: October 10, 2025
  • Trading Commencement: January 2, 2026
  • Lock-in Expiry (Partial): July 20, 2026 (5,40,000 shares)
  • Lock-in Expiry (Remaining): July 20, 2027 (59,160 shares)

Impact Assessment

Minimal market impact. This is a routine listing notification for a preferential allotment of equity shares following warrant conversion. The total number of shares (5,99,160) represents a relatively modest addition to the company’s equity base. Lock-in provisions ensure that the majority of shares (5,40,000) will be restricted from trading until July 2026, with a smaller portion (59,160 shares) locked until July 2027. Trading members can commence trading these securities from January 2, 2026, subject to lock-in restrictions.

Impact Justification

Routine listing of preferential allotment shares for a single company with standard lock-in provisions; limited market-wide impact