Description

18,96,614 equity shares of Thirumalai Chemicals Ltd. issued at Rs. 296/- on preferential basis to Promoters will be listed and permitted to trade from February 9, 2026.

Summary

BSE has announced the listing of 18,96,614 new equity shares of Thirumalai Chemicals Ltd. (Scrip Code: 500412) issued on a preferential basis to Promoters. These shares will be listed and permitted to trade on the Exchange with effect from Monday, February 9, 2026. The shares were allotted on December 23, 2025, at an issue price of Rs. 296/- (face value Re. 1/- with a premium of Rs. 295/-) and are subject to a lock-in period until August 15, 2027.

Key Points

  • 18,96,614 equity shares of Re. 1/- each issued to Promoters on preferential basis
  • Issue price: Rs. 296/- per share (Re. 1/- face value + Rs. 295/- premium)
  • Trading commencement date: February 9, 2026
  • Date of allotment: December 23, 2025
  • New shares rank pari-passu with existing equity shares
  • ISIN: INE338A01024
  • Distinctive Numbers: 118656161 to 120552774

Regulatory Changes

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

Compliance Requirements

Trading members of BSE are informed to note the listing of these new securities for trading purposes effective February 9, 2026. The shares are subject to lock-in restrictions and cannot be transferred until the lock-in period expires.

Important Dates

  • Allotment Date: December 23, 2025
  • Trading Commencement Date: February 9, 2026
  • Lock-in Period Expiry: August 15, 2027

Impact Assessment

Market Impact: Low. This is a preferential allotment to promoters representing approximately 1.89 lakh shares. The shares are subject to a lock-in period until August 15, 2027, preventing immediate market circulation.

Company Impact: Moderate positive. The preferential allotment at Rs. 296/- per share will infuse capital into Thirumalai Chemicals Ltd. while strengthening promoter holding. The premium pricing (Rs. 295/- over face value) indicates confidence in the company’s prospects.

Investor Impact: Minimal. Existing shareholders may experience minor dilution, but the lock-in period ensures promoter commitment. The pari-passu ranking ensures equal rights for all shareholders.

Impact Justification

Routine preferential allotment to promoters with standard lock-in period; minor capital structure change affecting only 1.89 lakh shares