Description

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

Summary

BSE has approved the listing of 1,66,668 equity shares of Gayatri Sugars Ltd (Scrip Code: 532183) effective from February 6, 2026. These shares were issued at par value to non-promoters on a preferential basis following the conversion of warrants. The shares rank pari-passu with existing equity shares and are subject to a lock-in period until August 30, 2026.

Key Points

  • Total shares listed: 1,66,668 equity shares of Rs. 10/- each
  • Issued to non-promoters on preferential basis pursuant to warrant conversion
  • Issue price: Rs. 10/- per share (at par)
  • Distinctive Numbers: 67526966 to 67693633
  • Date of allotment: November 22, 2024
  • Trading commencement: February 6, 2026
  • ISIN: INE622E01023
  • All shares subject to lock-in until August 30, 2026
  • Shares rank pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification for new securities.

Compliance Requirements

  • Trading members are informed about the listing of new securities
  • Lock-in restrictions apply to all 1,66,668 shares until August 30, 2026
  • Shares can be traded on the exchange from February 6, 2026, subject to lock-in provisions

Important Dates

  • November 22, 2024: Date of allotment
  • February 5, 2026: Notice date
  • February 6, 2026: Trading commencement date
  • August 30, 2026: Lock-in period expiry date

Impact Assessment

Minimal market impact. This is a small preferential allotment representing approximately 1.67 lakh shares of Gayatri Sugars Ltd. The lock-in period until August 2026 restricts immediate trading of these securities. The issuance at par value (Rs. 10/-) to non-promoters following warrant conversion is a routine corporate action with limited implications for broader market operations.

Impact Justification

Routine listing of small preferential allotment (1.67 lakh shares) with lock-in period; minimal market impact for single company stock.