Description

Listing and trading approval for 13,608,849 equity shares of Synthiko Foils Ltd issued on preferential basis to promoters and non-promoters at Rs. 769.16 per share.

Summary

BSE has approved the listing and trading of 13,608,849 equity shares of Synthiko Foils Ltd (Scrip Code: 513307) issued on preferential basis. The shares will commence trading from January 13, 2026. The issue includes shares allotted to both promoters and non-promoters at Rs. 769.16 per share (face value Rs. 10 plus premium of Rs. 759.16), with differential lock-in periods applicable.

Key Points

  • Total shares listed: 13,608,849 equity shares of Rs. 10 each
  • Issue price: Rs. 769.16 per share (Rs. 10 face value + Rs. 759.16 premium)
  • Allotment basis: Preferential issue to promoters and non-promoters
  • Date of allotment: December 24, 2025
  • Trading commencement: January 13, 2026
  • ISIN: INE363L01045
  • Distinctive numbers: 870001 to 14478849
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

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

Compliance Requirements

  • Trading members must note the new securities for trading from January 13, 2026
  • Lock-in restrictions must be observed as specified:
    • 3,619,713 shares (Dist. Nos. 870001 to 4489713) locked until July 14, 2027
    • 9,989,136 shares (Dist. Nos. 4489714 to 14478849) locked until July 14, 2026

Important Dates

  • December 24, 2025: Date of allotment
  • January 13, 2026: Trading commencement date
  • July 14, 2026: Lock-in expiry for 9,989,136 shares
  • July 14, 2027: Lock-in expiry for 3,619,713 shares

Impact Assessment

Limited market impact as this is a company-specific listing event. The preferential issue increases the outstanding share capital of Synthiko Foils Ltd by approximately 13.6 million shares. Lock-in provisions ensure staggered availability of shares in the market, with approximately 73% of newly issued shares locked until July 2026 and remaining 27% locked until July 2027. Trading members should update their systems to reflect the increased share capital and lock-in restrictions.

Impact Justification

Routine listing notice for preferential allotment with standard lock-in provisions; impacts only specific company shareholders