Description
Listing of 69,43,691 equity shares of Borosil Renewables Limited issued on preferential basis to non-promoters, tradable from January 8, 2026.
Summary
BSE has announced the listing of 69,43,691 new equity shares of Borosil Renewables Limited (Scrip Code: 502219) issued on a preferential basis to non-promoters. The shares will be available for trading from January 8, 2026, and are subject to lock-in until July 15, 2026.
Key Points
- 69,43,691 equity shares of Re. 1/- each issued at a premium of Rs. 534/-
- Issue price: Rs. 535/- per share
- Allotted to non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- ISIN: INE666D01022
- Distinctive Numbers: 138179134 to 145122824
- Date of Allotment: October 17, 2025
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification following SEBI preferential allotment guidelines.
Compliance Requirements
- Trading members must note the new securities are available for trading from January 8, 2026
- All allotted shares are subject to mandatory lock-in requirements
- Shares must comply with lock-in restrictions until the specified unlock date
Important Dates
- Allotment Date: October 17, 2025
- Trading Commencement: January 8, 2026
- Lock-in Expiry: July 15, 2026
Impact Assessment
Limited market impact as this is a routine listing of preferentially allotted shares. The lock-in period until July 15, 2026, ensures these shares will not immediately impact trading liquidity. The preferential allotment increases the company’s equity base by approximately 6.94 million shares, raising funds at Rs. 535 per share (total consideration of approximately Rs. 371 crores).
Impact Justification
Routine listing announcement for preferential allotment with standard lock-in provisions affecting single company