Description
24,84,444 equity shares of Axel Polymers Ltd. issued at Rs. 45/- on preferential basis to non-promoters listed on BSE with effect from February 5, 2026.
Summary
Axel Polymers Ltd. (Scrip Code: 513642) has listed 24,84,444 new equity shares on BSE effective February 5, 2026. These shares were issued on a preferential basis to non-promoters at Rs. 45/- per share (face value Rs. 10/- with premium of Rs. 35/-). The shares rank pari-passu with existing equity shares and are subject to lock-in until August 10, 2026.
Key Points
- 24,84,444 equity shares of Rs. 10/- each issued at premium of Rs. 35/-
- Issue price: Rs. 45/- per share
- Allotted to non-promoters on preferential basis
- Date of allotment: December 13, 2025
- Trading commences: February 5, 2026
- Distinctive numbers: 8516681 to 11001124
- ISIN: INE197C01012
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the listing of new securities
- Lock-in restrictions apply to all 24,84,444 shares until August 10, 2026
- Shares cannot be transferred or traded freely until lock-in period expires
Important Dates
- Date of Allotment: December 13, 2025
- Trading Start Date: February 5, 2026
- Lock-in Expiry: August 10, 2026
Impact Assessment
This is a routine listing event with limited market impact. The preferential allotment increases the paid-up capital of Axel Polymers Ltd. by 24,84,444 shares. The lock-in period until August 10, 2026 ensures these shares will not create immediate selling pressure. Trading members should update their records to reflect the expanded share capital and distinctive number ranges.
Impact Justification
Routine listing of preferential allotment shares for a single company with lock-in period, limited market-wide impact