Description
46.72 lakh equity shares of Magellanic Cloud Limited issued on preferential basis to non-promoters listed on BSE with effect from January 28, 2026.
Summary
BSE has listed 46,72,000 new equity shares of Magellanic Cloud Limited (Scrip Code: 538891) issued on a preferential basis to non-promoters. The shares are permitted to trade with effect from January 28, 2026. These shares are subject to a lock-in period until July 31, 2026.
Key Points
- 46,72,000 equity shares of Rs. 2/- each issued at a premium of Rs. 73/-
- Issue price: Rs. 75/- per share
- Allotment date: November 11, 2025
- Trading commencement: January 28, 2026
- Distribution numbers: 584395121 to 589067120
- ISIN: INE613C01026
- Shares rank pari-passu with existing equity shares
- Issued to non-promoters on preferential basis
Regulatory Changes
No regulatory changes. This is a standard new securities listing notification.
Compliance Requirements
- Trading members are informed of the new securities listing
- All 46,72,000 shares are subject to lock-in restrictions until July 31, 2026
- Shares cannot be transferred or sold before the lock-in expiry date
Important Dates
- Allotment Date: November 11, 2025
- Trading Commencement: January 28, 2026
- Lock-in Expiry: July 31, 2026
Impact Assessment
This is a routine preferential allotment listing with minimal market impact. The addition of 46.72 lakh shares represents dilution for existing shareholders. The lock-in period until July 31, 2026 ensures these shares will not immediately add to market supply. Impact is limited to Magellanic Cloud Limited and its shareholders, with no broader market implications.
Impact Justification
Routine preferential allotment listing for a single company with lock-in period. Limited market-wide impact.