Description

BSE lists 6,610,007 new equity shares of Gayatri Sugars Ltd. issued on preferential basis to non-promoters via warrant conversion, effective February 24, 2026. Shares are subject to lock-in until September 15, 2026.

Summary

BSE has listed 6,610,007 new equity shares of Gayatri Sugars Ltd. (Scrip Code: 532183, ISIN: INE622E01023) on the Exchange. These shares were issued at par (Rs. 10.00 each) to non-promoters on a preferential basis through conversion of warrants, allotted on January 11, 2025. Trading in these shares commences on Tuesday, February 24, 2026.

Key Points

  • New Shares Listed: 6,610,007 equity shares of Rs. 10.00/- each, issued at par
  • Issued To: Non-promoters on a preferential basis via conversion of warrants
  • Ranking: Pari-passu with existing equity shares of the company
  • Distinctive Numbers: 67693634 to 74303640
  • Date of Allotment: January 11, 2025
  • Issue Price: Rs. 10.00/- per share
  • ISIN: INE622E01023
  • Trading Effective From: Tuesday, February 24, 2026

Regulatory Changes

No regulatory changes. This is a routine listing notification pursuant to an approved preferential allotment of equity shares upon conversion of warrants.

Compliance Requirements

  • Trading members are informed that the new securities are listed and permitted to trade from February 24, 2026.
  • The entire lot of 6,610,007 shares (Dist. Nos. 67693634 to 74303640) is under lock-in and cannot be traded until the lock-in period expires.

Important Dates

  • Date of Allotment: January 11, 2025
  • Trading Commencement: February 24, 2026
  • Lock-in Expiry: September 15, 2026

Impact Assessment

The market impact of this listing is minimal. All 6,610,007 newly listed shares are subject to a lock-in period until September 15, 2026, meaning they cannot be traded in the open market until that date. The issuance represents a warrant conversion by non-promoters at par value (Rs. 10.00), which is a routine corporate action. Trading members should update their records to reflect the new share range for Gayatri Sugars Ltd.

Impact Justification

Routine listing of preferentially allotted shares from warrant conversion. Limited market impact as shares are under lock-in until September 2026 and represent a relatively small issuance for a single company.