Description
Singer India Limited has listed 5,63,578 equity shares of Rs. 2/- each issued at a premium of Rs. 77.59/- to non-promoters on a preferential basis, effective January 28, 2026.
Summary
BSE has approved the listing of 5,63,578 equity shares of Singer India Limited (Scrip Code: 505729) issued on a preferential basis to non-promoters. The shares will be available for trading from Wednesday, January 28, 2026. These shares rank pari-passu with existing equity shares and are subject to lock-in until August 9, 2026.
Key Points
- 5,63,578 equity shares of face value Rs. 2/- each issued at a premium of Rs. 77.59/-
- Issue price: Rs. 79.59/- per share
- Allotment made to non-promoters on preferential basis
- Distribution numbers: 61655540 to 62219117
- ISIN: INE638A01035
- Shares rank pari-passu with existing equity shares
- All allotted shares are subject to lock-in restrictions
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members are informed of the new securities listing
- Lock-in restrictions must be observed for all 5,63,578 shares until August 9, 2026
- Shares cannot be transferred or sold during the lock-in period
Important Dates
- Date of Allotment: December 29, 2025
- Trading Commencement: January 28, 2026
- Lock-in Expiry: August 9, 2026
Impact Assessment
This is a routine listing notification with minimal market impact. The preferential allotment represents a modest capital raise for Singer India Limited. The lock-in period until August 9, 2026 ensures these shares will not immediately affect market liquidity. Trading members can facilitate transactions in these new shares alongside existing shares starting January 28, 2026.
Impact Justification
Routine preferential allotment listing for a single company with modest share count and limited market-wide impact