Description

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

Summary

BSE has listed 6,36,942 new equity shares of Piccadily Agro Industries Ltd (Scrip Code: 530305) effective February 1, 2026. These shares were issued to promoters on a preferential basis following the conversion of warrants at an issue price of Rs. 785 per share (face value Rs. 10 plus premium of Rs. 775). The allotment date was September 24, 2025, and all shares are subject to a lock-in period until August 20, 2027.

Key Points

  • 6,36,942 equity shares of Rs. 10/- each listed on BSE
  • Issued at premium of Rs. 775/- per share (total issue price: Rs. 785/-)
  • Allotted to promoters on preferential basis pursuant to warrant conversion
  • Distinctive Numbers: 98504570 to 99141511
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE546C01010
  • Trading commences February 1, 2026

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

Trading members are informed of the new securities listing. No specific compliance actions required beyond normal trading procedures for the listed securities.

Important Dates

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

Impact Assessment

This is a routine corporate action with minimal market impact. The preferential allotment to promoters following warrant conversion increases the total share capital of Piccadily Agro Industries Ltd by 6,36,942 shares. The three-year lock-in period prevents immediate trading by promoters, limiting short-term supply impact. The shares are fungible with existing equity and carry identical rights. Market impact is confined to this single scrip with no broader implications for trading operations or market structure.

Impact Justification

Routine listing of preferential shares from warrant conversion; limited to single company with lock-in period, minimal market-wide impact