Description
Singer India Limited lists 5,63,578 equity shares issued on preferential basis to non-promoters at Rs. 79.59 per share, effective January 28, 2026.
Summary
BSE has approved the listing and trading of 5,63,578 new equity shares of Singer India Limited (Scrip Code: 505729) issued on preferential basis to non-promoters. The shares will commence trading from January 28, 2026. These shares were allotted at a premium and are subject to lock-in restrictions until August 9, 2026.
Key Points
- 5,63,578 equity shares of face value Rs. 2/- each listed
- Issued at premium of Rs. 77.59 per share (total issue price: Rs. 79.59)
- Allotted to non-promoters on preferential basis
- Shares rank pari-passu with existing equity shares
- ISIN: INE638A01035
- Distinctive Numbers: 61655540 to 62219117
- Trading commences: January 28, 2026
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for preferential allotment of equity shares.
Compliance Requirements
- Trading members should note the new securities are available for trading from January 28, 2026
- All allotted shares are subject to mandatory lock-in period until August 9, 2026
- Shares cannot be transferred or sold before lock-in expiry date
Important Dates
- Allotment Date: December 29, 2025
- Trading Commencement: January 28, 2026
- Lock-in Period Expiry: August 9, 2026
Impact Assessment
Limited impact on overall market operations. This is a company-specific listing event affecting Singer India Limited shareholders and potential investors. The preferential issue represents capital raising activity by the company. The lock-in period ensures price stability by preventing immediate sale of allotted shares. Total issue size is approximately Rs. 4.48 crores (5,63,578 shares × Rs. 79.59).
Impact Justification
Routine listing of preferential allotment with modest share count (0.56 lakh shares) for a single company, limited market-wide impact