Description

22,47,000 equity shares of Hilltone Software and Gases Ltd. listed on BSE at Rs. 44/- per share issued on preferential basis to non-promoters, with lock-in period until August 16, 2026.

Summary

BSE has announced the listing of 22,47,000 new equity shares of Hilltone Software and Gases Ltd. (Scrip Code: 544308) effective January 29, 2026. These shares were issued on a preferential basis to non-promoters at Rs. 44/- per share (face value Rs. 10/- plus premium of Rs. 34/-) and are subject to lock-in until August 16, 2026.

Key Points

  • Total shares listed: 22,47,000 equity shares of Rs. 10/- each
  • Issue price: Rs. 44/- per share (including premium of Rs. 34/-)
  • Allotment date: November 29, 2025
  • Trading commencement: January 29, 2026
  • Distinctive numbers: 10930801 to 13177800
  • ISIN: INE168C01013
  • Shares rank pari-passu with existing equity shares
  • Issued to non-promoters on preferential basis

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following SEBI guidelines for preferential issue.

Compliance Requirements

  • Trading members are informed to update their systems for the newly listed securities
  • Lock-in restrictions must be enforced until August 16, 2026 for all 22,47,000 shares
  • Shares are subject to preferential allotment regulations and lock-in provisions

Important Dates

  • Allotment Date: November 29, 2025
  • Trading Commencement: January 29, 2026
  • Lock-in Expiry: August 16, 2026

Impact Assessment

Market Impact: Low - This is a routine listing affecting a single scrip with moderate share count.

Operational Impact: Minimal - Standard listing process requiring only system updates by trading members to reflect the new securities in their trading platforms.

Investor Impact: The preferential issue increases the company’s equity base by 22,47,000 shares. The lock-in period until August 16, 2026 ensures these shares cannot be traded freely for approximately 7 months from the listing date, providing price stability during this period.

Impact Justification

Routine listing of preferential issue shares for a single company with limited market-wide impact