Description

BSE lists 10,00,000 new equity shares of Balu Forge Industries Limited (Scrip Code 531112) issued on preferential basis to Non Promoters via warrant conversion, effective February 25, 2026.

Summary

BSE has notified trading members that 10,00,000 new equity shares of Balu Forge Industries Limited (Scrip Code: 531112) have been listed and are permitted to trade on the Exchange effective Wednesday, February 25, 2026. These shares were issued to Non Promoters on a preferential basis pursuant to conversion of warrants at an issue price of Rs. 360/- per share (face value Rs. 10/- with a premium of Rs. 350/-).

Key Points

  • Company: Balu Forge Industries Limited (Scrip Code: 531112)
  • New Shares Listed: 10,00,000 equity shares
  • Face Value: Rs. 10/- each
  • Issue Price: Rs. 360/- per share (Rs. 10 face value + Rs. 350 premium)
  • Allotment Type: Preferential allotment to Non Promoters via conversion of warrants
  • ISIN: INE011E01029
  • Distribution Numbers: 113991901 to 114991900
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No new regulatory changes introduced. This is a standard listing notification under BSE norms for newly allotted securities following preferential warrant conversion.

Compliance Requirements

  • Trading members are informed and may facilitate trading in these new shares from February 25, 2026 onwards.
  • The allottees (Non Promoters) are subject to a lock-in on all 10,00,000 shares until August 30, 2026 and cannot sell or transfer these shares during the lock-in period.

Important Dates

  • Date of Allotment: December 30, 2025
  • Effective Trading Date: February 25, 2026
  • Lock-in Expiry: August 30, 2026

Impact Assessment

The listing adds 10,00,000 equity shares (distribution nos. 113991901 to 114991900) to the tradeable universe of Balu Forge Industries Limited, though effective free-float impact is deferred until lock-in expiry on August 30, 2026. The preferential allotment at Rs. 360/- per share reflects the pricing agreed at the time of warrant issuance. Existing shareholders should note the potential dilution effect. Market impact is moderate and localised to holders and traders of scrip code 531112.

Impact Justification

Routine listing of new equity shares via preferential allotment following warrant conversion; increases tradeable float by 10 lakh shares with a lock-in until August 2026, relevant to existing and prospective shareholders of Balu Forge Industries.