Description

BSE notifies listing of 10,30,145 new equity shares of ECO HOTELS AND RESORTS LIMITED issued on preferential basis to non-promoters at Rs. 34.50/- per share, effective February 24, 2026.

Summary

BSE has notified trading members that 10,30,145 new equity shares of ECO HOTELS AND RESORTS LIMITED (Scrip Code: 514402, ISIN: INE638N01012) have been listed and permitted to trade on the Exchange effective Tuesday, February 24, 2026. The shares were issued on a preferential basis to non-promoters at an issue price of Rs. 34.50/- per share (face value Rs. 10/- with a premium of Rs. 24.50/-).

Key Points

  • 10,30,145 equity shares of Rs. 10/- face value issued at a premium of Rs. 24.50/- (issue price Rs. 34.50/-)
  • Shares issued to non-promoters on a preferential basis
  • New shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 64627944 to 65658088
  • ISIN: INE638N01012
  • All 10,30,145 shares are subject to lock-in until August 25, 2026

Regulatory Changes

No regulatory changes. This is a standard listing notification under BSE’s procedures for newly issued securities.

Compliance Requirements

  • Trading members are informed of the new securities available for trading from February 24, 2026
  • Lock-in restrictions must be observed: all 10,30,145 shares (Dist. Nos. 64627944 to 65658088) are locked in until August 25, 2026 and cannot be traded until that date

Important Dates

  • Date of Allotment: July 22, 2025
  • Effective Trading Date: February 24, 2026
  • Lock-in Expiry: August 25, 2026

Impact Assessment

This listing increases the total tradeable equity share capital of ECO HOTELS AND RESORTS LIMITED by 10,30,145 shares. However, since all newly listed shares are under lock-in until August 25, 2026, there is no immediate increase in free-float. Market impact is minimal and confined to investors tracking this specific scrip (Code: 514402).

Impact Justification

Routine listing of preferentially allotted shares for a single company; limited broader market impact, relevant primarily to traders and investors in ECO HOTELS AND RESORTS LIMITED.