Description
BSE notifies listing of 24,000 new equity shares of Himadri Speciality Chemical Ltd issued on preferential basis via 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) are listed and permitted to trade on the Exchange with effect from Thursday, February 26, 2026. These shares were issued on a preferential basis to Non-Promoters 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 listed on BSE effective February 26, 2026
- Shares issued at a premium of Rs. 315/- (issue price Rs. 316/-) to Non-Promoters on preferential basis
- Issued pursuant to conversion of warrants
- Shares rank pari-passu with existing equity shares of the company
- Distribution numbers: 504494951 to 504518950
- ISIN: INE019C01026
- Date of allotment: November 10, 2025
Regulatory Changes
No regulatory changes. This is a routine listing notification for newly allotted securities.
Compliance Requirements
- Trading members are informed to permit trading of these new securities from February 26, 2026
- The 24,000 shares are subject to a lock-in period and cannot be traded until August 30, 2026
Important Dates
- Date of Allotment: November 10, 2025
- Listing / Trading Commencement: February 26, 2026
- Lock-in Expiry: August 30, 2026 (for all 24,000 shares, dist. nos. 504494951 to 504518950)
Impact Assessment
The listing involves a very small tranche of 24,000 shares relative to the company’s total equity, resulting in minimal dilution impact. Since these shares are subject to lock-in until August 30, 2026, there is no immediate increase in free-float or tradeable supply. Market impact is expected to be negligible.
Impact Justification
Routine listing of a small tranche of 24,000 preferentially allotted shares via warrant conversion; no regulatory changes or broad market impact.