Description
Listing of 2,68,75,000 equity shares of Orchasp Limited issued at Rs. 3.20 per share to Promoters on preferential basis, trading from February 6, 2026.
Summary
BSE has announced the listing of 2,68,75,000 new equity shares of Orchasp Limited (Scrip Code: 532271) issued to Promoters on a preferential basis. The shares will commence trading on February 6, 2026. The shares were allotted on December 18, 2025, at an issue price of Rs. 3.20 per share (face value Rs. 2 with premium of Rs. 1.20) and are subject to a lock-in period until September 30, 2027.
Key Points
- 2,68,75,000 equity shares of face value Rs. 2/- each listed
- Issue price: Rs. 3.20 per share (including premium of Rs. 1.20)
- Issued to Promoters on preferential basis
- Shares ranking pari-passu with existing equity shares
- ISIN: INE215B01022
- Distribution Numbers: 319550367 to 346425366
- Trading commences: February 6, 2026
Regulatory Changes
No regulatory changes announced. This is a standard listing notification following preferential allotment procedures.
Compliance Requirements
Trading members are informed of the new securities listing and should update their systems accordingly for trading from February 6, 2026.
Important Dates
- Date of Allotment: December 18, 2025
- Trading Commencement: February 6, 2026
- Lock-in Period Ends: September 30, 2027
Impact Assessment
This is a routine listing of preferential allotment shares to promoters. All 2,68,75,000 shares are subject to complete lock-in until September 30, 2027, preventing immediate trading by allottees. The impact on market liquidity and price discovery is minimal as these shares cannot be traded for approximately 1.5 years. The preferential allotment represents capital raising by the company from its promoters, potentially strengthening the promoter holding and company’s capital base.
Impact Justification
Routine listing notification for preferential allotment to promoters with standard lock-in provisions. Limited market-wide impact.