Description

11,31,068 equity shares of Kothari Industrial Corpn. Ltd. issued on preferential basis to non-promoters listed and permitted to trade with effect from January 22, 2026.

Summary

Kothari Industrial Corpn. Ltd. (Scrip Code: 509732) has listed 11,31,068 new equity shares of Rs. 5/- each issued at a premium of Rs. 202/- on a preferential basis to non-promoters. These shares are permitted to trade on BSE with effect from Thursday, January 22, 2026, and rank pari-passu with existing equity shares. All allotted shares are subject to lock-in until August 14, 2026.

Key Points

  • Total new equity shares listed: 11,31,068 shares of Rs. 5/- each
  • Issue price: Rs. 207/- (Rs. 5/- face value + Rs. 202/- premium)
  • Allotment type: Preferential basis to non-promoters
  • Date of allotment: November 29, 2025
  • Trading commencement: January 22, 2026
  • ISIN: INE972A01020
  • Distinctive numbers: 106890706 to 108021773
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular. This is a standard listing notification for new securities issued through preferential allotment.

Compliance Requirements

  • Trading members are informed to take note of the new securities listing
  • All 11,31,068 shares are subject to mandatory lock-in restrictions
  • Shares cannot be transferred or traded until lock-in period expires

Important Dates

  • Date of Allotment: November 29, 2025
  • Trading Commencement Date: January 22, 2026
  • Lock-in Period Expiry: August 14, 2026

Impact Assessment

The listing has minimal immediate market impact as all newly issued shares are under complete lock-in until August 14, 2026. The preferential allotment to non-promoters represents approximately 11.31 lakh shares at Rs. 207/- per share, totaling approximately Rs. 23.41 crores in capital raised. The shares ranking pari-passu ensures equal rights with existing shareholders. Trading members should note the lock-in restrictions when processing any orders related to these distinctive numbers. The issue price at Rs. 207/- reflects a significant premium over face value, indicating investor confidence in the company.

Impact Justification

Routine listing of preferential allotment shares with standard lock-in period. Limited market impact as shares are locked-in until August 2026.