Description

18,96,614 equity shares of Thirumalai Chemicals Ltd. issued at Rs. 296/- to Promoters on preferential basis listed on BSE with effect 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 preferential basis to Promoters. The shares are listed and permitted to trade with effect from Monday, February 9, 2026. These shares were allotted on December 23, 2025 at an issue price of Rs. 296/- per share (face value Re. 1/- with premium of Rs. 295/-) and rank pari-passu with existing equity shares.

Key Points

  • 18,96,614 equity shares of Re. 1/- each issued at premium of Rs. 295/-
  • Total issue price: Rs. 296/- per share
  • Allotment made to Promoters on preferential basis
  • Shares rank pari-passu with existing equity shares
  • ISIN: INE338A01024
  • Distinctive Numbers: 118656161 to 120552774
  • All shares subject to lock-in until August 15, 2027

Regulatory Changes

No regulatory changes announced. This is a standard listing notification following preferential allotment procedures.

Compliance Requirements

  • Trading members are informed to take note of the new securities listing
  • Lock-in restrictions apply to all 18,96,614 shares until August 15, 2027
  • Shares cannot be transferred or pledged during the lock-in period as per SEBI regulations

Important Dates

  • Date of Allotment: December 23, 2025
  • Trading Commencement: February 9, 2026 (Monday)
  • Lock-in Period Ends: August 15, 2027

Impact Assessment

Market Impact: Minimal. This is a preferential allotment to promoters which increases the total share capital by approximately 1.89 lakh shares. The shares are subject to a lock-in period until August 15, 2027, meaning they cannot be traded during this period, thus having no immediate impact on trading volumes or price discovery. The allotment strengthens promoter holding and provides capital infusion to the company. Investors should note the increased share base when calculating valuations.

Impact Justification

Routine listing notification for preferential allotment to promoters with standard lock-in period. Limited market-wide impact.