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 for trading from February 23, 2026.

Summary

BSE has notified trading members that 22,93,400 new equity shares of Gowra Leasing & Finance Ltd. (Scrip Code: 530709, ISIN: INE225G01012) are listed and permitted to trade on the Exchange effective Monday, February 23, 2026. The shares were issued at a premium of Rs. 110/- over a face value of Rs. 10/- (issue price Rs. 120/-) on a preferential basis to both Promoter and Non-Promoter categories and rank pari-passu with existing equity shares.

Key Points

  • Total shares listed: 22,93,400 equity shares of Rs. 10/- face value each
  • Issue price: Rs. 120/- per share (face value Rs. 10/- + premium Rs. 110/-)
  • Allotment basis: Preferential allotment to Promoter and Non-Promoter
  • Date of allotment: December 16, 2025
  • Distinctive numbers: 5454451 to 7747850
  • Pari-passu: New shares rank equally with existing equity shares
  • Trading effective from: Monday, February 23, 2026

Regulatory Changes

No broader regulatory changes. This is a company-specific listing notice pursuant to a completed preferential allotment.

Compliance Requirements

Trading members of BSE are informed to permit trading in these new securities from February 23, 2026 onwards, subject to the applicable lock-in restrictions on specific tranches as detailed below.

Important Dates

  • Date of allotment: December 16, 2025
  • Trading commencement: February 23, 2026
  • Lock-in expiry (12,16,300 shares | Dist. Nos. 5454451–6670750): August 30, 2027
  • Lock-in expiry (2,33,700 shares | Dist. Nos. 6670751–6904450): August 30, 2026
  • Lock-in expiry (1,75,000 shares | Dist. Nos. 6904451–7079450): August 30, 2027
  • Lock-in expiry (6,68,400 shares | Dist. Nos. 7079451–7747850): August 30, 2026

Impact Assessment

The listing increases the tradable equity share base of Gowra Leasing & Finance Ltd. However, a significant portion of the newly listed shares (13,91,300 shares, approximately 60.6%) are locked in until August 30, 2027, limiting the immediate free-float addition. The remaining ~9,02,100 shares (locked until August 30, 2026) will become freely tradable at a nearer date. Market impact is expected to be minimal given the company’s small-cap profile and the lock-in restrictions on the majority of new shares.

Impact Justification

Routine listing of preferentially allotted shares for a small-cap company; limited market-wide impact, relevant primarily to existing and prospective shareholders of Gowra Leasing & Finance Ltd.