Description
BSE admits 21,00,000 new equity shares of Swojas Foods Limited for trading from February 23, 2026, issued to non-promoters on a preferential basis via conversion of warrants at Rs. 16.50 per share.
Summary
BSE has notified trading members that 21,00,000 new equity shares of Swojas Foods Limited (Scrip Code: 530217, ISIN: INE295B01016) are listed and permitted to trade on the Exchange with effect from Monday, February 23, 2026. These shares were issued to non-promoters on a preferential basis through conversion of warrants at an issue price of Rs. 16.50 per share (face value Rs. 10/- plus premium of Rs. 6.50/-).
Key Points
- 21,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 6.50/- (total issue price Rs. 16.50/-)
- Issued to non-promoters on a preferential basis pursuant to conversion of warrants
- Shares rank pari-passu with existing equity shares of the company
- Distribution numbers: 30962651 to 33062650
- Date of allotment: January 21, 2026
- Effective trading date: February 23, 2026
- All 21,00,000 shares are subject to lock-in until September 15, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification pursuant to an approved preferential allotment.
Compliance Requirements
- Trading members may trade in these securities from February 23, 2026 onwards
- The lock-in restriction on all 21,00,000 shares (Dist. Nos. 30962651 to 33062650) must be observed until September 15, 2026; these shares are not transferable during the lock-in period
Important Dates
- Date of Allotment: January 21, 2026
- Trading Commencement Date: February 23, 2026 (Monday)
- Lock-in Expiry Date: September 15, 2026
Impact Assessment
The listing adds 21,00,000 new equity shares to the tradable float of Swojas Foods Limited, though all shares are locked in until September 15, 2026, meaning no immediate increase in free-float or selling pressure. The preferential allotment at Rs. 16.50/- per share (via warrant conversion) represents a modest capital raise for the company. Market impact is minimal and limited to existing shareholders and traders in this scrip.
Impact Justification
Routine listing notification for a small preferential allotment in a single company; no systemic or broad market implications.