Description
Singer India Limited has listed 5,63,578 new equity shares of Rs. 2/- each issued at a premium of Rs. 77.59/- on a preferential basis to non-promoters, effective January 28, 2026.
Summary
Singer India Limited (Scrip Code: 505729) has listed 5,63,578 new equity shares of Rs. 2/- each on BSE, effective from January 28, 2026. These shares were issued at a premium of Rs. 77.59/- per share (total issue price Rs. 79.59/-) to non-promoters on a preferential basis. The allotment date was December 29, 2025, and the shares rank pari-passu with existing equity shares.
Key Points
- 5,63,578 equity shares of Rs. 2/- each listed on BSE
- Issue price: Rs. 79.59/- per share (Rs. 2/- face value + Rs. 77.59/- premium)
- Allotted to non-promoters on preferential basis
- Allotment date: December 29, 2025
- Trading commences: January 28, 2026
- Distinctive Numbers: 61655540 to 62219117
- ISIN: INE638A01035
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed to note the listing of these new securities for trading purposes starting January 28, 2026.
Important Dates
- Allotment Date: December 29, 2025
- Trading Commencement: January 28, 2026
- Lock-in Expiry: August 9, 2026
Lock-in Details
All 5,63,578 shares (Distinctive Numbers 61655540 to 62219117) are subject to lock-in until August 9, 2026.
Impact Assessment
This is a routine preferential allotment with minimal market impact. The shares represent a small equity dilution and are locked-in for approximately 7 months from the trading commencement date, preventing immediate selling pressure. The preferential issue to non-promoters may be for strategic purposes or fundraising, but the quantum is relatively modest.
Impact Justification
Routine preferential allotment representing small dilution; shares locked-in until August 2026 with minimal market impact