Description

3,03,030 equity shares of Rs. 2/- each issued at premium of Rs. 108/- to Promoters on preferential basis pursuant to conversion of warrants, listed and permitted to trade from January 27, 2026.

Summary

BSE has announced the listing of 3,03,030 new 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 listed and permitted to trade on the Exchange with effect from Tuesday, January 27, 2026. These shares are issued at Rs. 2/- face value with a premium of Rs. 108/- per share and will rank pari-passu with existing equity shares.

Key Points

  • 3,03,030 equity shares of Rs. 2/- each issued at premium of Rs. 108/- per share
  • Issue price: Rs. 110/- per share
  • Allotted to Promoters on preferential basis pursuant to warrant conversion
  • Date of Allotment: December 3, 2024
  • Trading commencement: January 27, 2026
  • Distinctive Numbers: 194988433 to 195291462
  • ISIN: INE480C01038
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new securities issued pursuant to warrant conversion.

Compliance Requirements

Trading members of BSE are informed of the listing and should update their systems to reflect the additional securities available for trading from January 27, 2026.

Important Dates

  • Allotment Date: December 3, 2024
  • Trading Commencement: January 27, 2026
  • Lock-in Period Expires: July 28, 2027
  • Notice Date: January 23, 2026

Lock-in Details

All 3,03,030 shares (Distinctive Numbers 194988433 to 195291462) are subject to lock-in until July 28, 2027, as per regulatory requirements for preferential allotments to promoters.

Impact Assessment

The impact is minimal as this represents a routine preferential allotment to promoters following warrant conversion. The shares are locked-in until July 2027, preventing immediate trading by allottees. The quantity of shares (3.03 lakh) represents a relatively small addition to the existing share capital and will not affect near-term market liquidity or price discovery for Som Distilleries & Breweries Ltd.

Impact Justification

Routine listing of preferential allotment shares post-warrant conversion with standard lock-in period; minimal market impact due to limited quantity and promoter allocation