Description
Rex Sealing and Packing Industries Limited lists 1,04,000 new equity shares issued on preferential basis pursuant to warrant conversion, effective January 21, 2026.
Summary
BSE has approved the listing of 1,04,000 new equity shares of Rex Sealing and Packing Industries Limited (Scrip Code: 543744) effective from 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. 210 per share (face value Rs. 10 with premium of Rs. 200). The allotment was completed on October 20, 2025, and the shares are subject to lock-in until July 31, 2026.
Key Points
- 1,04,000 equity shares of Rs. 10/- each issued at premium of Rs. 200/-
- Issued to non-promoters on preferential basis pursuant to warrant conversion
- Trading commences on BSE from Wednesday, January 21, 2026
- Issue price: Rs. 210 per share
- Allotment date: October 20, 2025
- Distribution numbers: 2276001 to 2380000
- ISIN: INE0MFT01014
- Shares rank pari-passu with existing equity shares
- All 1,04,000 shares are under lock-in until July 31, 2026
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 21, 2026
- Lock-in restrictions apply to all shares (Dist. Nos. 2276001 to 2380000) until July 31, 2026
- Trading systems should reflect the updated share capital and distribution numbers
Important Dates
- Allotment Date: October 20, 2025
- Trading Commencement: January 21, 2026
- Lock-in Expiry: July 31, 2026
Impact Assessment
Minimal market impact expected. The issuance represents a small capital raise through warrant conversion to non-promoters. The lock-in period extending until July 31, 2026 ensures these shares cannot be immediately traded, preventing dilution pressure. The preferential issue mechanism is routine for raising capital from strategic investors. Trading members need to update their systems to reflect the new distribution numbers and lock-in restrictions.
Impact Justification
Routine listing of 1,04,000 equity shares from warrant conversion on preferential basis to non-promoters. Small issue size with lock-in period, limited market impact.