Description
BSE lists 4,085,000 new equity shares of Jeevan Scientific Technology Limited (Scrip Code 538837) on a preferential basis, effective February 27, 2026.
Summary
BSE has listed 4,085,000 new equity shares of Jeevan Scientific Technology Limited (Scrip Code: 538837) issued on a preferential basis to non-promoters. These shares are permitted to trade on the Exchange effective Friday, February 27, 2026.
Key Points
- 4,085,000 equity shares of Rs. 10/- each issued at a premium of Rs. 30/- (issue price Rs. 40/-) to non-promoters on a preferential basis
- Shares rank pari-passu with existing equity shares of the company
- ISIN: INE237B01018
- Distribution Numbers: 15833966 to 19918965
- Date of Allotment: January 2, 2026
- Trading permitted from February 27, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notice for newly allotted securities.
Compliance Requirements
Trading members are informed of the new securities and may trade them from the effective date. The allotted shares are subject to a lock-in period and cannot be traded until the lock-in expires.
Important Dates
- Date of Allotment: January 2, 2026
- Trading Effective From: February 27, 2026
- Lock-in Expiry: September 2, 2026 (all 4,085,000 shares, Dist. Nos. 15833966 to 19918965)
Impact Assessment
Limited market impact. The addition of 4,085,000 shares on a preferential basis represents a moderate expansion of the tradeable float for Jeevan Scientific Technology Limited. The lock-in until September 2, 2026 restricts near-term selling pressure from these shares. Existing shareholders should note the dilution effect from the preferential allotment at Rs. 40/- per share.
Impact Justification
Routine listing of preferentially allotted equity shares for a single company; no regulatory changes or broad market impact.