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.
Summary
BSE has approved the listing of 24,84,444 new equity shares of Axel Polymers Ltd. (Scrip Code: 513642) issued to non-promoters on a preferential basis. The shares will commence trading on February 5, 2026, at an issue price of Rs. 45/- per share (face value Rs. 10/- with a premium of Rs. 35/-). These shares rank pari-passu with existing equity shares and are subject to a lock-in period until August 10, 2026.
Key Points
- 24,84,444 equity shares of Rs. 10/- each issued at a premium of Rs. 35/-
- Total issue price: Rs. 45/- per share
- Issued to non-promoters on preferential basis
- Allotment date: December 13, 2025
- Trading commencement: February 5, 2026
- Distinctive numbers: 8516681 to 11001124
- ISIN: INE197C01012
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for new securities.
Compliance Requirements
- Trading members must note the listing of these new securities effective February 5, 2026
- The allotted shares are subject to lock-in restrictions until August 10, 2026
- All 24,84,444 shares (Dist. Nos. 8516681-11001124) are locked-in
Important Dates
- Allotment Date: December 13, 2025
- Trading Commencement: February 5, 2026
- Lock-in Expiry: August 10, 2026
Impact Assessment
Limited market impact as this is a company-specific preferential allotment. The issuance represents capital raising activity by Axel Polymers Ltd. to non-promoter investors. The lock-in period until August 2026 restricts immediate liquidity of these shares. Trading members should update their systems to reflect the increased share capital and distinctive number ranges.
Impact Justification
Routine preferential allotment for a single company with limited market-wide impact. Standard listing notification for new equity shares.