Description

287,880 equity shares of Som Distilleries & Breweries Ltd. issued on preferential basis to promoters pursuant to warrant conversion are listed and permitted to trade from January 27, 2026.

Summary

BSE has approved the listing of 287,880 equity shares of Som Distilleries & Breweries Ltd. (Scrip Code: 507514) issued to promoters on a preferential basis pursuant to conversion of warrants. The shares will be available for trading from January 27, 2026, and are subject to a lock-in period until July 28, 2027.

Key Points

  • 287,880 equity shares of Rs. 2/- each issued at premium of Rs. 108/-
  • Issue price: Rs. 110/- per share
  • Allotment date: February 22, 2025
  • Securities issued to promoters on preferential basis pursuant to warrant conversion
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE480C01038
  • Distinctive Numbers: 203473273 to 203761152
  • All shares subject to lock-in until July 28, 2027

Regulatory Changes

No regulatory changes. This is a standard listing notification for preferential allotment pursuant to warrant conversion.

Compliance Requirements

  • Trading members are informed of the new securities listing
  • Shares cannot be traded by allottees until lock-in period expires on July 28, 2027
  • Securities rank pari-passu with existing equity shares of the company

Important Dates

  • Notice Date: January 23, 2026
  • Allotment Date: February 22, 2025
  • Trading Commences: January 27, 2026
  • Lock-in Expires: July 28, 2027

Impact Assessment

Minimal market impact expected. The preferential allotment represents warrant conversion to promoters with approximately 30-month lock-in period from allotment date. The shares cannot be sold in the open market until July 2027, preventing immediate supply pressure. This is a routine corporate action typical of preferential allotments to promoters for capital raising purposes.

Impact Justification

Routine listing of preferential allotment shares to promoters with standard lock-in period. Limited market impact due to small size and promoter lock-in until July 2027.