Description
Listing of 69,43,691 preferential equity shares of Borosil Renewables Limited effective January 8, 2026, issued to non-promoters at Rs. 535 per share.
Summary
BSE has approved the listing of 69,43,691 new equity shares of Borosil Renewables Limited (Scrip Code: 502219) issued on preferential basis to non-promoters. The shares will commence trading on January 8, 2026, and are subject to a lock-in period until July 15, 2026.
Key Points
- 69,43,691 equity shares of Re. 1/- each issued at premium of Rs. 534/-
- Issue price: Rs. 535/- per share
- Allotted to non-promoters on preferential basis
- Distribution numbers: 138179134 to 145122824
- Date of allotment: October 17, 2025
- ISIN: INE666D01022
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members must note:
- The new securities are listed and permitted for trading from January 8, 2026
- All 69,43,691 shares are subject to mandatory lock-in provisions
Important Dates
- Allotment Date: October 17, 2025
- Trading Commencement: January 8, 2026
- Lock-in Period End: July 15, 2026
Impact Assessment
This is a standard preferential allotment listing with minimal market impact. The issuance represents capital raising by Borosil Renewables Limited from non-promoter investors. The lock-in period until July 15, 2026, ensures these shares cannot be traded for approximately 6 months from listing date, limiting immediate supply impact on the stock.
Impact Justification
Routine preferential allotment listing affecting single company with standard lock-in period