Description
8.89 crore equity shares of Mirc Electronics Ltd issued on preferential basis to non-promoters listed with lock-in period until August 15, 2026.
Summary
BSE has listed 8,89,49,900 new equity shares of Mirc Electronics Ltd (Scrip Code: 500279) issued on a preferential basis to non-promoters. The shares are available for trading from February 6, 2026, with a lock-in period extending until August 15, 2026. These shares rank pari-passu with existing equity shares.
Key Points
- Number of Shares: 8,89,49,900 equity shares of Re. 1/- each
- Issue Price: Rs. 16.81/- (Re. 1/- face value + Rs. 15.81/- premium)
- Allotment Date: October 9, 2025
- Allottees: Non-promoters on preferential basis
- Distribution Numbers: 355587040 to 444536939
- ISIN: INE831A01028
- Ranking: 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 effective February 6, 2026
- Lock-in restrictions apply to all 8,89,49,900 shares until August 15, 2026
- Shares cannot be transferred or traded during the lock-in period
Important Dates
- Allotment Date: October 9, 2025
- Trading Commencement: February 6, 2026
- Lock-in Expiry: August 15, 2026
Impact Assessment
This is a routine listing notification for preferential allotment shares of Mirc Electronics Ltd. The impact is limited to this specific company and its shareholders. The lock-in period ensures these shares cannot be sold until mid-August 2026, preventing immediate dilution effects. Trading members handling this scrip need to be aware of the lock-in restrictions when processing client orders.
Impact Justification
Routine listing of preferential allotment shares for a single company with lock-in restrictions. No broader market impact or regulatory changes.