Description

13,26,664 equity shares of Gayatri Sugars Limited issued on preferential basis to non-promoters are listed and permitted to trade on BSE with effect from January 28, 2026.

Summary

BSE has announced the listing of 13,26,664 equity shares of Gayatri Sugars Limited (Scrip Code: 532183) issued on a preferential basis to non-promoters. These shares will be available for trading from January 28, 2026. The shares were allotted in two tranches during August and October 2024 at par value of Rs. 10/- each and are subject to lock-in periods ranging from August 2026 to July 2026.

Key Points

  • Total 13,26,664 equity shares of Rs. 10/- each issued at par to non-promoters
  • Shares rank pari-passu with existing equity shares
  • Two allotment dates: August 13, 2024 and October 4, 2024
  • Issue price: Rs. 10/- per share
  • ISIN: INE622E01023
  • Trading commencement: January 28, 2026
  • All shares subject to lock-in provisions

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following preferential allotment procedures.

Compliance Requirements

  • Trading members must note the new securities listed under scrip code 532183
  • Lock-in provisions must be enforced by trading systems
  • Shares cannot be transferred or traded until respective lock-in expiry dates

Important Dates

  • First Allotment Date: August 13, 2024 (11,66,666 shares)
  • Second Allotment Date: October 4, 2024 (1,60,000 shares)
  • Trading Commencement: January 28, 2026
  • Lock-in Expiry Dates:
    • 11,66,666 shares: July 31, 2026
    • 1,33,332 shares: August 15, 2026
    • 26,666 shares: August 14, 2026

Impact Assessment

Market Impact: Low. The listing involves a limited number of shares (13.27 lakh) of a single company with full lock-in restrictions, preventing immediate trading of these shares. The lock-in periods extending into mid-2026 ensure controlled market entry.

Shareholder Dilution: The preferential issue to non-promoters will increase the public shareholding and floating stock of Gayatri Sugars Limited.

Liquidity: No immediate liquidity impact as all shares are locked in until July-August 2026. Post lock-in expiry, gradual increase in tradable shares may improve liquidity for the counter.

Impact Justification

Routine listing of preferentially allotted equity shares for a single company with lock-in provisions. Limited market-wide impact.