Description

24,84,444 equity shares of Axel Polymers Ltd. listed on BSE with effect from February 5, 2026, issued on preferential basis at Rs. 45/- per share with lock-in period until August 10, 2026.

Summary

BSE has announced the listing of 24,84,444 new equity shares of Axel Polymers Ltd. (Scrip Code: 513642) with effect from Thursday, February 5, 2026. These shares were issued to Non-Promoters on a preferential basis at Rs. 45/- per share (face value Rs. 10/- plus premium of Rs. 35/-) and are subject to a lock-in period until August 10, 2026.

Key Points

  • Number of shares listed: 24,84,444 equity shares
  • Face value: Rs. 10/- per share
  • Issue price: Rs. 45/- per share (including premium of Rs. 35/-)
  • Allotment basis: Preferential allotment to Non-Promoters
  • Distinctive numbers: 8516681 to 11001124
  • Trading permitted from: February 5, 2026
  • ISIN: INE197C01012
  • New shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes announced. This is a routine listing notification for newly issued securities.

Compliance Requirements

  • Trading members must note the new securities are available for trading from February 5, 2026
  • All 24,84,444 shares are subject to lock-in restrictions and cannot be transferred until the lock-in expiry date
  • The locked-in shares fall under distinctive numbers 8516681 to 11001124

Important Dates

  • Date of Allotment: December 13, 2025
  • Trading Commencement Date: February 5, 2026
  • Lock-in Expiry Date: August 10, 2026

Impact Assessment

Market Impact: Low - This is a company-specific listing of preferential shares with minimal market-wide implications.

Operational Impact: Low - Routine listing process for existing company; no changes to trading operations or market structure.

Liquidity Impact: Limited initially due to 100% lock-in on all newly issued shares until August 10, 2026. Post lock-in expiry, these shares will add approximately 10% to the free float depending on existing share capital.

Impact Justification

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