Description
Kothari Industrial Corpn. Ltd. lists 11,31,068 new equity shares issued on preferential basis at Rs. 207/- per share, trading commences January 22, 2026.
Summary
BSE has approved the listing of 11,31,068 new equity shares of Kothari Industrial Corpn. Ltd. (Scrip Code: 509732) issued to non-promoters on a preferential basis. The securities will commence trading on January 22, 2026. The shares were allotted at Rs. 207/- per share (face value Rs. 5/- with premium of Rs. 202/-) and are subject to lock-in until August 14, 2026.
Key Points
- 11,31,068 equity shares of Rs. 5/- face value issued at premium of Rs. 202/-
- Issue price: Rs. 207/- per share
- Allotment date: November 29, 2025
- Trading commencement: January 22, 2026
- Issued to non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- ISIN: INE972A01020
- Distribution Numbers: 106890706 to 108021773
- All 11,31,068 shares subject to lock-in
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the new securities listed and permitted for trading
- Lock-in restrictions apply to all allotted shares until August 14, 2026
- Distribution numbers 106890706 to 108021773 are subject to transfer restrictions during lock-in period
Important Dates
- Allotment Date: November 29, 2025
- Trading Commencement: January 22, 2026
- Lock-in Period Ends: August 14, 2026
Impact Assessment
This is a routine preferential allotment listing with minimal market impact. The issue size represents a capital raise at premium, indicating investor confidence. The lock-in period of approximately 8.5 months ensures stability in shareholding pattern. Trading members can facilitate transactions in these securities from January 22, 2026, while respecting the lock-in restrictions on the specified distribution numbers.
Impact Justification
Routine preferential allotment listing with standard lock-in period. Limited market impact given small issue size relative to company operations.