Description

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

Summary

BSE has announced the listing and commencement of trading of 5,99,160 equity shares of Prospect Consumer Products Limited (Scrip Code: 543814) with effect from January 2, 2026. These shares were issued at a premium of Rs. 54/- on a preferential basis to Promoter and Non-Promoter pursuant to conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to lock-in provisions.

Key Points

  • Company: Prospect Consumer Products Limited (Scrip Code: 543814)
  • Number of shares listed: 5,99,160 equity shares of Rs. 10/- each
  • Issue type: Preferential allotment pursuant to warrant conversion
  • Issue price: Rs. 64/- (Rs. 10/- face value + Rs. 54/- premium)
  • Allotment date: October 10, 2025
  • Trading commencement: January 2, 2026
  • ISIN: INE0OKG01017
  • Distinctive Numbers: 5536341 to 6135500
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the listing of these new securities
  • Lock-in provisions must be observed as per the schedule specified
  • Shares cannot be traded until January 2, 2026

Important Dates

  • Allotment Date: October 10, 2025
  • Trading Commencement: January 2, 2026
  • Lock-in Expiry (59,160 shares - Dist. Nos. 5536341-5595500): July 20, 2027
  • Lock-in Expiry (5,40,000 shares - Dist. Nos. 5595501-6135500): July 20, 2026

Impact Assessment

This is a routine listing announcement with minimal market impact. The preferential allotment of 5,99,160 shares represents a modest increase in the company’s equity capital. The lock-in provisions ensure that a majority of shares (5,40,000) are locked until July 2026, with a smaller portion (59,160 shares) locked until July 2027. This is typical for preferential allotments and helps prevent immediate dilution pressure on existing shareholders. Trading members should update their systems to reflect the new securities and observe the lock-in restrictions.

Impact Justification

Routine listing of preferential allotment shares following warrant conversion, limited market impact given modest share count