Description
13,99,996 equity shares of Gayatri Sugars Ltd. issued at par to non-promoters on preferential basis pursuant to warrant conversion will be listed and permitted for trading from January 16, 2026.
Summary
Gayatri Sugars Ltd. (Scrip Code: 532183) will list 13,99,996 new equity shares on BSE effective January 16, 2026. These shares were issued at par value of Rs. 10/- each to non-promoters on a preferential basis following the conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to lock-in restrictions until July 31, 2026.
Key Points
- 13,99,996 equity shares of Rs. 10/- each listed
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Issue price: Rs. 10/- (at par)
- Trading commences: January 16, 2026
- Distinctive Numbers: 64800306 to 66200301
- ISIN: INE622E01023
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. This is a routine listing notification for new securities issued by the company.
Compliance Requirements
Trading members must note the listing of these new securities and the associated lock-in restrictions when processing trades.
Important Dates
- Allotment Date: July 12, 2024
- Trading Commencement: January 16, 2026
- Lock-in Expiry: July 31, 2026
Impact Assessment
This listing represents a moderate equity dilution for Gayatri Sugars Ltd. The shares are subject to lock-in until July 31, 2026, limiting immediate market supply. The preferential allotment to non-promoters through warrant conversion is a standard capital-raising mechanism. Market impact is expected to be minimal given the relatively small number of shares and lock-in restrictions.
Impact Justification
Routine listing of equity shares from warrant conversion affecting a single company with lock-in restrictions until July 2026