Description
3,03,030 equity shares of Som Distilleries & Breweries Ltd. issued on preferential basis pursuant to warrant conversion will be listed and permitted to trade from January 27, 2026.
Summary
BSE has approved the listing of 3,03,030 equity shares of Som Distilleries & Breweries Ltd. (Scrip Code: 507514) issued on preferential basis to Promoters pursuant to conversion of warrants. The shares will be available for trading from Tuesday, January 27, 2026, and will rank pari-passu with existing equity shares.
Key Points
- 3,03,030 equity shares of Rs. 2/- each issued at a premium of Rs. 108/-
- Issued to Promoters on preferential basis pursuant to warrant conversion
- Issue price: Rs. 110/- per share
- Date of allotment: December 27, 2024
- ISIN: INE480C01038
- Distinguished numbers: 196503583 to 196806612
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed of the listing and must update their systems to reflect the availability of these shares for trading from January 27, 2026.
Important Dates
- Allotment Date: December 27, 2024
- Trading Commencement: January 27, 2026
- Lock-in Expiry: July 28, 2027
Impact Assessment
Market Impact: Low - The listing represents a small equity dilution of 3.03 lakh shares issued to promoters on preferential basis.
Lock-in Period: All 3,03,030 shares are subject to lock-in until July 28, 2027, preventing any immediate trading activity by the allottees.
Operational Impact: Minimal - Standard listing procedure for shares issued pursuant to warrant conversion. No impact on trading operations or market participants beyond standard system updates.
Impact Justification
Routine listing of preferential allotment shares with limited market impact due to small number of shares (3.03 lakh) and lock-in period until July 2027