Description
BSE lists 22,93,400 new equity shares of Gowra Leasing & Finance Ltd. issued on a preferential basis at Rs. 120/- per share, effective February 23, 2026. Shares carry lock-in periods ranging up to August 2027.
Summary
BSE has listed 22,93,400 new equity shares of Gowra Leasing & Finance Ltd. (Scrip Code: 530709, ISIN: INE225G01012), issued on a preferential basis to Promoter and Non-Promoter shareholders. These shares are available for trading on the Exchange effective Monday, February 23, 2026. The shares were issued at a premium of Rs. 110/- over the face value of Rs. 10/-, resulting in an issue price of Rs. 120/- per share.
Key Points
- Total Shares Listed: 22,93,400 equity shares of Rs. 10/- each
- Issue Price: Rs. 120/- per share (face value Rs. 10/- + premium Rs. 110/-)
- ISIN: INE225G01012
- Date of Allotment: December 16, 2025
- Trading Effective From: Monday, February 23, 2026
- Distribution Numbers: 5454451 to 7747850
- Shares rank pari-passu with existing equity shares of the company
- Allotment made to both Promoter and Non-Promoter categories on a preferential basis
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification pursuant to a completed preferential allotment under applicable SEBI regulations.
Compliance Requirements
- Trading members are notified to permit trading in these new securities from February 23, 2026
- Lock-in restrictions must be observed by allottees as per the details below; shares under lock-in are not available for trading until the respective lock-in expiry dates
Important Dates
| Event | Date |
|---|---|
| Date of Allotment | December 16, 2025 |
| Trading Commencement | February 23, 2026 |
| Lock-in Expiry (Tranche 1: 12,16,300 shares, Dist. 5454451–6670750) | August 30, 2027 |
| Lock-in Expiry (Tranche 2: 2,33,700 shares, Dist. 6670751–6904450) | August 30, 2026 |
| Lock-in Expiry (Tranche 3: 1,75,000 shares, Dist. 6904451–7079450) | August 30, 2027 |
| Lock-in Expiry (Tranche 4: 6,68,400 shares, Dist. 7079451–7747850) | August 30, 2026 |
Impact Assessment
This listing represents a capital raise by Gowra Leasing & Finance Ltd. through a preferential allotment, increasing the company’s issued share capital. The new shares are pari-passu with existing shares, meaning no differentiation in dividend or voting rights. The effective float from these newly listed shares is partially constrained by lock-in periods: approximately 13,91,300 shares (locked until August 2027) and 9,02,100 shares (locked until August 2026) are not immediately tradeable. Market impact is expected to be limited given the small-cap nature of the company and the phased availability of free-float shares.
Impact Justification
Routine listing of preferential allotment shares for a small-cap company. No systemic market impact; affects only existing and prospective shareholders of Gowra Leasing & Finance Ltd.