Description
26,875,000 equity shares of Orchasp Limited issued on preferential basis to promoters listed on BSE with effect from February 6, 2026.
Summary
BSE has approved the listing of 2,68,75,000 (26,875,000) equity shares of Orchasp Limited (Scrip Code: 532271) issued on a preferential basis to promoters. The new securities will be available for trading from February 6, 2026, and are subject to a lock-in period until September 30, 2027.
Key Points
- 26,875,000 equity shares of Rs. 2/- each issued at a premium of Rs. 1.20/-
- Issue price: Rs. 3.20 per share
- Allotment date: December 18, 2025
- Shares issued to promoters on preferential basis
- New shares rank pari-passu with existing equity shares
- Distinctive Numbers: 319550367 to 346425366
- ISIN: INE215B01022
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for preferentially allotted securities.
Compliance Requirements
- Trading members are informed of the new securities listing
- All 26,875,000 shares are subject to mandatory lock-in requirements
- Promoters must comply with lock-in restrictions until the specified date
Important Dates
- Allotment Date: December 18, 2025
- Listing Date: February 6, 2026
- Lock-in Period Expiry: September 30, 2027
Impact Assessment
The listing represents a preferential allotment to promoters, increasing the total equity base of Orchasp Limited. With the entire allotment under lock-in until September 2027, there is no immediate liquidity impact on the market. The shares ranking pari-passu ensures equal rights with existing shareholders. This is a routine corporate action with minimal short-term market impact.
Impact Justification
Routine preferential allotment to promoters with standard lock-in period; limited market impact as shares are locked until September 2027