Description

Listing and trading permission for 3,03,030 equity shares of Som Distilleries & Breweries Ltd. issued on preferential basis pursuant to conversion of warrants, effective January 27, 2026.

Summary

BSE has approved the listing and trading of 3,03,030 new equity shares of Som Distilleries & Breweries Ltd. (Scrip Code: 507514) effective from January 27, 2026. These shares were issued to promoters on a preferential basis pursuant to the conversion of warrants at an issue price of Rs. 110 per share. The shares are subject to a lock-in period until July 28, 2027.

Key Points

  • 3,03,030 equity shares of face value Rs. 2 each issued at a premium of Rs. 108
  • Shares issued to promoters on preferential basis through warrant conversion
  • Distribution numbers: 196503583 to 196806612
  • Date of allotment: December 27, 2024
  • Issue price: Rs. 110 per share
  • ISIN: INE480C01038
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the new securities listing for Som Distilleries & Breweries Ltd.
  • The newly listed shares are subject to lock-in restrictions and cannot be freely traded until the lock-in period expires

Important Dates

  • Notice Date: January 23, 2026
  • Date of Allotment: December 27, 2024
  • Trading Commencement Date: January 27, 2026 (Tuesday)
  • Lock-in Period Ends: July 28, 2027

Impact Assessment

Market Impact: Minimal immediate impact as all shares are locked-in until July 2027 and cannot be traded in the open market. The allotment represents approximately 3.03 lakh shares issued to promoters.

Operational Impact: Routine listing procedure with no changes to trading operations. Trading members need to update their systems to reflect the increased share capital and new distribution numbers for Som Distilleries & Breweries Ltd.

Impact Justification

Routine listing of new shares from warrant conversion with no immediate trading impact; shares are locked-in until July 2027 and represent standard corporate action by promoters.