Description
Listing of 22,47,000 equity shares of Hilltone Software and Gases Ltd. issued on preferential basis to non-promoters, effective January 29, 2026.
Summary
BSE has listed 22,47,000 equity shares of Rs. 10/- each of Hilltone Software and Gases Ltd. (Scrip Code: 544308) issued to non-promoters on a preferential basis at Rs. 44/- per share (including premium of Rs. 34/-). The shares are permitted to trade from Thursday, January 29, 2026, and are ranking pari-passu with existing equity shares. All shares are subject to lock-in until August 16, 2026.
Key Points
- 22,47,000 equity shares of Rs. 10/- each issued at premium of Rs. 34/- per share
- Issue price: Rs. 44/- per share
- Allotment date: November 29, 2025
- Trading commencement: January 29, 2026
- Distinctive Numbers: 10930801 to 13177800
- ISIN: INE168C01013
- Shares ranking pari-passu with existing equity shares
- All shares subject to lock-in period
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for preferential allotment.
Compliance Requirements
- Trading members must note the new securities available for trading from January 29, 2026
- Lock-in restrictions must be observed until expiry on August 16, 2026
- All 22,47,000 shares (Dist. Nos. 10930801 to 13177800) are locked-in
Important Dates
- Allotment Date: November 29, 2025
- Trading Commencement: January 29, 2026
- Lock-in Expiry: August 16, 2026
Impact Assessment
This listing represents a capital raise through preferential allotment for Hilltone Software and Gases Ltd. The lock-in period until August 16, 2026, means these shares cannot be traded during this period, preventing immediate supply increase. The dilution effect is company-specific with no broader market implications. Trading members should update their systems to reflect the expanded share capital and lock-in restrictions.
Impact Justification
Routine listing of preferential allotment shares for a single company with standard lock-in provisions. Limited market-wide impact.