Description

Listing of 6,06,060 equity shares issued to Promoter on preferential basis pursuant to warrant conversion, effective January 27, 2026.

Summary

BSE has approved the listing of 6,06,060 new equity shares of Som Distilleries & Breweries Ltd. (Scrip Code: 507514) issued to Promoters on a preferential basis following warrant conversion. Trading will commence on January 27, 2026. The shares were allotted on February 12, 2025, at Rs. 110/- per share (face value Rs. 2/- plus premium of Rs. 108/-) and are subject to a lock-in period until July 28, 2027.

Key Points

  • 6,06,060 equity shares of Rs. 2/- each issued at premium of Rs. 108/-
  • Issued to Promoter on preferential basis pursuant to warrant conversion
  • Allotment date: February 12, 2025
  • Issue price: Rs. 110/- per share
  • Trading commencement: January 27, 2026
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE480C01038
  • Distinguished Numbers: 200442973 to 201049032
  • Complete lock-in until July 28, 2027

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

  • Trading members must note the listing of new securities for Som Distilleries & Breweries Ltd.
  • All 6,06,060 shares are subject to mandatory lock-in and cannot be traded until July 28, 2027
  • Shares are issued under preferential allotment regulations for promoter subscription

Important Dates

  • Allotment Date: February 12, 2025
  • Trading Commencement: January 27, 2026
  • Lock-in Expiry: July 28, 2027
  • Circular Date: January 23, 2026

Impact Assessment

Market Impact: Minimal immediate market impact as all shares are locked in until July 2027, preventing any trading activity. This is a promoter strengthening move through warrant conversion.

Shareholding Impact: Increases promoter holding by 6,06,060 shares, demonstrating promoter confidence in the company. The preferential allotment route via warrant conversion indicates planned capital infusion.

Liquidity Impact: No near-term liquidity impact due to complete lock-in. Post-July 2027, these shares may enter the trading float depending on promoter decisions.

Impact Justification

Routine listing of promoter allotment via warrant conversion with standard lock-in period. Limited market impact as shares are locked until July 2027.