Description
13,99,996 equity shares of Gayatri Sugars Ltd. issued at par to non-promoters pursuant to warrant conversion will be listed on BSE from January 16, 2026.
Summary
BSE has announced the listing of 13,99,996 equity shares of Gayatri Sugars Ltd. (Scrip Code: 532183) with effect from Friday, January 16, 2026. These shares were issued at par value to non-promoters on a preferential basis pursuant to the conversion of warrants. The shares are locked-in until July 31, 2026.
Key Points
- 13,99,996 equity shares of Rs. 10/- each issued at par value
- Issued to non-promoters on preferential basis through warrant conversion
- Shares rank pari-passu with existing equity shares
- Distinctive Numbers: 64800306 to 66200301
- ISIN: INE622E01023
- Date of allotment: July 12, 2024
- Issue price: Rs. 10/-
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification following preferential allotment procedures.
Compliance Requirements
- Trading members are informed to note the listing of these new securities
- All 13,99,996 shares are subject to lock-in restrictions
Important Dates
- Date of Allotment: July 12, 2024
- Listing Date: January 16, 2026
- Lock-in Expiry: July 31, 2026
Impact Assessment
The listing represents approximately a small dilution of equity base. The lock-in period until July 31, 2026 means these shares cannot be traded until that date, limiting immediate market impact. This is a routine corporate action with minimal market significance.
Impact Justification
Routine listing of preferential allotment shares from warrant conversion with limited market impact due to lock-in period and relatively small issuance size.