Description
98,16,000 equity shares of ACE MEN ENGG WORKS LIMITED listed on BSE with effect from January 5, 2026, issued on preferential basis to non-promoters.
Summary
BSE has approved the listing of 98,16,000 new equity shares of ACE MEN ENGG WORKS LIMITED (Scrip Code: 539661) issued through preferential allotment to non-promoters. The shares will commence trading from January 5, 2026, and are subject to a lock-in period until July 6, 2026.
Key Points
- 98,16,000 equity shares of Rs. 10/- each issued at a premium of Rs. 54/-
- Issue price: Rs. 64/- per share
- Allotted to non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- ISIN: INE023R01018
- Distinctive Numbers: 3098501 to 12914500
- Date of Allotment: November 25, 2025
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
- Trading members must note the listing of new securities effective January 5, 2026
- All 98,16,000 shares are subject to lock-in requirements as specified
Important Dates
- Allotment Date: November 25, 2025
- Trading Commencement: January 5, 2026 (Monday)
- Lock-in Expiry: July 6, 2026
Impact Assessment
This is a routine preferential allotment listing with minimal market impact. The shares represent a capital raise for ACE MEN ENGG WORKS LIMITED and are locked in for approximately seven months, preventing immediate selling pressure. The shares will trade alongside existing equity shares with identical rights.
Impact Justification
Routine preferential allotment listing for a single company with limited market-wide impact