Description
24,84,444 equity shares of Axel Polymers Ltd. issued at Rs. 45/- on preferential basis to be listed and permitted to trade from February 5, 2026.
Summary
BSE has announced the listing and trading of 24,84,444 new equity shares of Axel Polymers Ltd. (Scrip Code: 513642) effective from February 5, 2026. These shares were issued at a premium of Rs. 35/- per share (face value Rs. 10/-) to non-promoters on a preferential basis 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
- Shares ranking pari-passu with existing equity shares
- ISIN: INE197C01012
- Distinctive Numbers: 8516681 to 11001124
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification.
Compliance Requirements
- Trading members must note the listing of new securities
- All 24,84,444 shares are subject to lock-in restrictions until August 10, 2026
- Shares cannot be transferred or sold before the lock-in expiry date
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 routine preferential allotment listing for Axel Polymers Ltd. The shares represent an increase in the company’s equity capital base. The lock-in period until August 10, 2026 ensures these shares will not immediately impact market liquidity. Trading members should update their records accordingly.
Impact Justification
Routine listing of preferential allotment shares for a single company with standard lock-in provisions