Description

BSE announces listing of 1,27,25,000 new equity shares of Shree Rajasthan Syntex Ltd. issued on preferential basis, effective January 5, 2026.

Summary

BSE has approved the listing of 1,27,25,000 new equity shares of Shree Rajasthan Syntex Ltd. (Scrip Code: 503837) issued on a preferential basis to Promoter and Non-Promoter categories. The shares will commence trading on Monday, January 5, 2026, and rank pari-passu with existing equity shares.

Key Points

  • Total new shares listed: 1,27,25,000 equity shares of Rs. 10/- each
  • Issue price: Rs. 13.25/- per share (including premium of Rs. 3.25/-)
  • Date of allotment: November 28, 2025
  • Trading commencement date: January 5, 2026
  • Distribution numbers: 28012302 to 40737301
  • ISIN: INE796C01011
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

Lock-in Provisions:

Trading members must ensure compliance with the following lock-in requirements:

  • 5,50,000 shares (Dist. Nos. 28012302 to 28562301): Locked until July 15, 2027
  • 75,75,000 shares (Dist. Nos. 28562302 to 36137301): Locked until July 15, 2026
  • 31,00,000 shares (Dist. Nos. 36137302 to 39237301): Locked until July 15, 2027
  • 15,00,000 shares (Dist. Nos. 39237301 to 40737301): Locked until July 15, 2026

Important Dates

  • Allotment Date: November 28, 2025
  • Listing/Trading Start Date: January 5, 2026
  • First Lock-in Expiry: July 15, 2026 (for 90,75,000 shares)
  • Second Lock-in Expiry: July 15, 2027 (for 36,50,000 shares)

Impact Assessment

Market Impact: Low. This is a routine preferential allotment listing that increases the company’s equity base by approximately 12.73 crore shares. The staggered lock-in periods (until July 2026 and July 2027) will prevent immediate selling pressure on the stock.

Dilution Impact: Existing shareholders will experience dilution as new shares are added to the capital structure. The preferential issue to Promoter and Non-Promoter categories at Rs. 13.25/- per share may indicate the company’s fundraising needs.

Trading Impact: Trading members should update their systems to reflect the new share count and ensure lock-in restrictions are properly enforced in their trading platforms.

Impact Justification

Routine listing notification for preferential allotment with standard lock-in provisions; limited market-wide impact