Description
56,000 equity shares of Rex Sealing and Packing Industries Limited issued on preferential basis pursuant to warrant conversion will be listed and permitted for trading from January 19, 2026.
Summary
BSE has announced the listing of 56,000 new equity shares of Rex Sealing and Packing Industries Limited (Scrip Code: 543744) effective January 19, 2026. These shares were issued at Rs. 210/- per share (face value Rs. 10/- plus premium of Rs. 200/-) to non-promoters on a preferential basis pursuant to conversion of warrants. The shares are subject to lock-in until July 31, 2026.
Key Points
- Number of shares: 56,000 equity shares of Rs. 10/- each
- Issue price: Rs. 210/- per share (Rs. 10/- face value + Rs. 200/- premium)
- Allotment basis: Preferential allotment to non-promoters pursuant to warrant conversion
- Date of allotment: September 26, 2025
- Distinctive numbers: 2220001 to 2276000
- ISIN: INE0MFT01014
- Scrip code: 543744
- Ranking: Pari-passu with existing equity shares
- Lock-in period: All 56,000 shares locked until July 31, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification for new securities.
Compliance Requirements
- Trading members must note the listing of these new securities
- Lock-in restrictions must be enforced until July 31, 2026 for all 56,000 shares (Dist. Nos. 2220001 to 2276000)
Important Dates
- Date of allotment: September 26, 2025
- Trading commencement date: January 19, 2026 (Monday)
- Lock-in expiry date: July 31, 2026
Impact Assessment
Minimal market impact expected. The listing involves a relatively small number of shares (56,000) issued to non-promoters on a preferential basis. The complete lock-in until July 31, 2026 means these shares cannot be traded freely for approximately 6.5 months from listing date, limiting immediate supply. This is a routine corporate action following warrant conversion and is unlikely to significantly affect the stock’s trading pattern or liquidity.
Impact Justification
Routine listing of small number of shares (56,000) issued on preferential basis to non-promoters. Limited market impact due to small quantum and lock-in period until July 31, 2026.