Description

Listing of 6,36,942 equity shares of Piccadily Agro Industries Ltd. issued on preferential basis pursuant to conversion of warrants, effective February 1, 2026.

Summary

BSE has announced the listing of 6,36,942 new equity shares of Piccadily Agro Industries Ltd. (Scrip Code: 530305) with effect from February 1, 2026. These shares were issued to promoters on a preferential basis pursuant to the conversion of warrants at an issue price of Rs. 785/- per share (face value Rs. 10/- plus premium of Rs. 775/-). The shares rank pari-passu with existing equity shares and are subject to a lock-in period until August 20, 2027.

Key Points

  • 6,36,942 equity shares of face value Rs. 10/- each issued at Rs. 785/- per share
  • Shares issued to promoters on preferential basis through warrant conversion
  • Trading permitted from February 1, 2026
  • Distinctive numbers: 98504570 to 99141511
  • Date of allotment: September 24, 2025
  • ISIN: INE546C01010
  • Shares rank pari-passu with existing equity shares
  • Complete lock-in until August 20, 2027

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for new securities.

Compliance Requirements

  • Trading members are informed of the new securities listing
  • The 6,36,942 shares are subject to complete lock-in until August 20, 2027
  • Shares cannot be transferred or sold by promoters before the lock-in expiry date

Important Dates

  • Allotment Date: September 24, 2025
  • Trading Commencement: February 1, 2026
  • Lock-in Expiry: August 20, 2027

Impact Assessment

This is a routine listing announcement with minimal market impact. The preferential allotment to promoters through warrant conversion represents capital raising by the company. The extended lock-in period until August 2027 ensures promoter commitment and prevents immediate selling pressure. As these shares are issued to promoters and locked in, there will be no immediate impact on free float or trading liquidity. The listing expands the total issued capital of Piccadily Agro Industries Ltd. by 6,36,942 shares.

Impact Justification

Routine listing of new shares from warrant conversion to promoters with lock-in period, limited market impact expected