Description

22.47 lakh equity shares of Hilltone Software and Gases Ltd. issued on preferential basis to non-promoters are listed and permitted to trade from January 29, 2026.

Summary

BSE has listed 22,47,000 new equity shares of Hilltone Software and Gases Ltd. (Scrip Code: 544308) issued on a preferential basis to non-promoters. The shares are permitted to trade from January 29, 2026, and rank 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 a premium of Rs. 34/- per share
  • Issue price: Rs. 44/- per share
  • Allotted to non-promoters on preferential basis
  • Date of allotment: November 29, 2025
  • Distinctive numbers: 10930801 to 13177800
  • ISIN: INE168C01013
  • Shares rank pari-passu with existing equity shares
  • Trading commences: January 29, 2026

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for preferential allotment.

Compliance Requirements

  • Trading members are informed of the new securities listing
  • All 22,47,000 shares are subject to lock-in restrictions until August 16, 2026
  • Shares cannot be transferred or sold before the lock-in expiry date

Important Dates

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

Impact Assessment

This listing represents a capital raise through preferential allotment of approximately Rs. 98.87 lakhs (22.47 lakh shares at Rs. 44/- per share). The impact is limited to Hilltone Software and Gases Ltd. shareholders and trading members. The lock-in period until August 16, 2026 means these shares will not be available for trading in the secondary market for approximately 6.5 months, limiting immediate liquidity impact. The shares rank pari-passu with existing equity, ensuring equal rights for all equity shareholders.

Impact Justification

Routine listing of preferential allotment shares for a single company with lock-in restrictions, limited market-wide impact