Description

278,300 equity shares of Emkay Global Financial Services Ltd issued on preferential basis to promoters pursuant to warrant conversion, listed with effect from February 1, 2026.

Summary

BSE has listed 278,300 new equity shares of Emkay Global Financial Services Ltd (Scrip Code: 532737) with effect from February 1, 2026. These shares were issued to promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 239.50 per share (face value Rs. 10 with premium of Rs. 229.50). The shares rank pari-passu with existing equity shares and are subject to a lock-in period until July 31, 2027.

Key Points

  • 278,300 equity shares listed and permitted to trade from February 1, 2026
  • Face value: Rs. 10 per share
  • Issue price: Rs. 239.50 per share (including premium of Rs. 229.50)
  • Allotment made on preferential basis to promoters
  • Issued pursuant to conversion of warrants
  • Distinctive numbers: 25632464 to 25910763
  • ISIN: INE296H01011
  • Shares rank pari-passu with existing equity shares
  • Complete lock-in on all 278,300 shares until July 31, 2027

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification following SEBI preferential allotment regulations.

Compliance Requirements

  • Trading members are informed about the listing of new securities
  • Lock-in restrictions apply: all 278,300 shares locked-in until July 31, 2027
  • Shares cannot be transferred or sold by promoters before lock-in expiry date

Important Dates

  • Notice Date: January 30, 2026
  • Date of Allotment: December 12, 2025
  • Listing/Trading Effective Date: February 1, 2026
  • Lock-in Period Expiry: July 31, 2027

Impact Assessment

Market Impact: Minimal. This is a small preferential allotment to promoters representing warrant conversion. The shares are fully locked-in for approximately 18 months, preventing any immediate market supply. No immediate trading activity expected from these shares.

Operational Impact: Routine listing process with no special operational requirements for trading members beyond awareness of the new shares and lock-in restrictions.

Investor Impact: No direct impact on public investors. Promoter holding increases but shares remain locked-in, maintaining status quo in freely tradable float.

Impact Justification

Routine listing of new equity shares from warrant conversion on preferential basis to promoters with lock-in period. Limited market impact due to small issue size and promoter-only allotment.