Description

BSE lists 35,00,000 new equity shares of Chartered Logistics Ltd issued on preferential basis pursuant to warrant conversion, with specific lock-in periods.

Summary

BSE has listed and permitted trading of 35,00,000 new equity shares of Chartered Logistics Ltd (Scrip Code: 531977) effective January 21, 2026. These shares were issued to non-promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 7.80 per share (Rs. 1 face value + Rs. 6.80 premium). The shares rank pari-passu with existing equity shares and are subject to lock-in restrictions.

Key Points

  • 35,00,000 new equity shares of Rs. 1/- each listed on BSE
  • Issued at premium of Rs. 6.80 per share (total issue price Rs. 7.80)
  • Issued to non-promoters on preferential basis pursuant to warrant conversion
  • Date of allotment: November 9, 2025
  • Trading commences: January 21, 2026
  • Distinctive numbers: 123640001 to 127140000
  • ISIN: INE558F01026
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes. This is a routine listing notification following preferential allotment and warrant conversion procedures.

Compliance Requirements

  • Trading members must note the listing of new securities effective January 21, 2026
  • Lock-in restrictions must be observed as per the specified schedule
  • The shares are subject to lock-in periods ranging from July 31, 2026 to August 1, 2026

Important Dates

  • Allotment Date: November 9, 2025
  • Trading Commencement: January 21, 2026
  • Lock-in Expiry Dates:
    • 10,00,000 shares (Dist. Nos. 12,41,40,001-12,51,40,000): July 31, 2026
    • 5,00,000 shares (Dist. Nos. 12,36,40,001-12,41,40,000): August 1, 2026
    • 20,00,000 shares (Dist. Nos. 12,51,40,001-12,71,40,000): August 1, 2026

Impact Assessment

Market Impact: Low. This is a routine listing of new securities following warrant conversion for Chartered Logistics Ltd. The company issued 35 lakh shares to non-promoters, increasing equity base by approximately 27.5% (assuming previous base of ~127 lakh shares based on distinctive numbering). The lock-in periods provide temporary supply constraints until mid-2026. Limited market impact expected due to the company’s relatively small size and the phased lock-in release structure.

Impact Justification

Routine listing of new securities from warrant conversion for a small company with limited market impact