Description

BSE announces listing of 1,66,668 equity shares of Gayatri Sugars Ltd issued to non-promoters on preferential basis pursuant to warrant conversion, effective February 6, 2026.

Summary

BSE has approved the listing of 1,66,668 new equity shares of Gayatri Sugars Ltd (Scrip Code: 532183) issued to non-promoters on a preferential basis pursuant to warrant conversion. These shares will be available for trading on the Exchange from Friday, February 6, 2026. The shares were allotted at par value of Rs. 10/- each and are subject to lock-in until August 30, 2026.

Key Points

  • 1,66,668 equity shares of Rs. 10/- each issued at par to non-promoters
  • Shares issued pursuant to conversion of warrants on preferential basis
  • New shares rank pari-passu with existing equity shares
  • Date of allotment: November 22, 2024
  • Issue price: Rs. 10/- per share
  • ISIN: INE622E01023
  • Distinctive Numbers: 67526966 to 67693633
  • All shares subject to lock-in until August 30, 2026

Regulatory Changes

No regulatory changes introduced by this circular. This is a standard listing notification.

Compliance Requirements

  • Trading members must note the listing of new securities effective February 6, 2026
  • Lock-in restrictions apply to all 1,66,668 shares until August 30, 2026
  • Shares cannot be transferred or traded during the lock-in period

Important Dates

  • Allotment Date: November 22, 2024
  • Trading Commencement: February 6, 2026
  • Lock-in Expiry: August 30, 2026

Impact Assessment

Minimal market impact expected. The listing involves a relatively small number of shares (1.67 lakh) representing warrant conversion from an existing allotment made in November 2024. All shares are subject to lock-in until August 30, 2026, preventing immediate trading. The preferential allotment to non-promoters does not affect promoter holdings. This is a routine corporate action with no immediate trading implications due to lock-in restrictions.

Impact Justification

Routine listing of small number of equity shares (1.67 lakh) from warrant conversion with lock-in until August 2026. Minimal market impact for company with scrip code 532183.