Description

BSE lists 24,000 new equity shares of Himadri Speciality Chemical Ltd issued to Non Promoters on a preferential basis pursuant to conversion of warrants, effective February 26, 2026.

Summary

BSE has notified trading members that 24,000 new equity shares of Himadri Speciality Chemical Ltd (Scrip Code: 500184) have been listed and are permitted to trade on the Exchange with effect from Thursday, February 26, 2026. These shares were issued to Non Promoters on a preferential basis pursuant to the conversion of warrants at an issue price of Rs. 316/- per share.

Key Points

  • 24,000 equity shares of face value Re. 1/- each issued at a premium of Rs. 315/- (total issue price Rs. 316/-)
  • Allotted to Non Promoters on a preferential basis via conversion of warrants
  • New shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 504494951 to 504518950
  • ISIN: INE019C01026
  • Trading permitted from February 26, 2026

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification for newly allotted securities following completion of a preferential warrant conversion process.

Compliance Requirements

  • Trading members are informed of the new securities available for trading from February 26, 2026
  • Lock-in restriction applies: all 24,000 shares (Dist. Nos. 504494951 to 504518950) are locked in until August 30, 2026 and cannot be traded until that date

Important Dates

  • Date of Allotment: November 10, 2025
  • Trading Effective From: February 26, 2026
  • Lock-in Expiry: August 30, 2026

Impact Assessment

The market impact of this listing is minimal. The allotment of 24,000 shares represents a very small addition to the existing float of Himadri Speciality Chemical Ltd. Furthermore, all newly listed shares are subject to a lock-in period until August 30, 2026, meaning they will not be available for trading in the near term. No immediate supply pressure is expected on the stock.

Impact Justification

Routine listing of a small preferential allotment (24,000 shares) following warrant conversion for Himadri Speciality Chemical Ltd; limited market impact due to small share count and lock-in restrictions until August 2026.