Description

24,84,444 equity shares of Axel Polymers Ltd. issued at Rs. 45/- on preferential basis to non-promoters listed and permitted for trading with lock-in period until August 10, 2026.

Summary

BSE has announced the listing and commencement of trading for 24,84,444 new equity shares of Axel Polymers Ltd. (Scrip Code: 513642) effective February 5, 2026. These shares were issued on a preferential basis to non-promoters at an issue price of Rs. 45/- per share (face value Rs. 10/- plus premium of Rs. 35/-). The shares are subject to a lock-in period until August 10, 2026.

Key Points

  • Company: Axel Polymers Ltd. (Scrip Code: 513642)
  • Number of shares: 24,84,444 equity shares
  • Face value: Rs. 10/- per share
  • Premium: Rs. 35/- per share
  • Issue price: Rs. 45/- per share
  • Allotment date: December 13, 2025
  • Trading commencement date: February 5, 2026
  • ISIN: INE197C01012
  • Distinctive numbers: 8516681 to 11001124
  • Allotment type: Preferential basis to non-promoters
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification following SEBI guidelines for preferential allotment.

Compliance Requirements

  • Trading members must note the new securities for trading purposes
  • All 24,84,444 shares are subject to mandatory lock-in provisions
  • The locked-in shares cannot be transferred or traded until the lock-in period expires

Important Dates

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

Impact Assessment

This listing has minimal market-wide impact as it pertains to a single company’s capital expansion through preferential allotment. The lock-in period until August 10, 2026 means these shares will not be available for trading in the immediate term, limiting any supply-side pressure on the stock price. Trading members should update their systems to reflect the increased share capital and new distinctive number ranges for Axel Polymers Ltd.

Impact Justification

Routine preferential allotment and listing notification for a single company with limited market-wide impact