Description

180 million equity shares issued on preferential basis to non-promoters at Rs. 1.11/- per share are listed for trading on BSE with effect from February 27, 2026, with lock-in on most shares until August 2026.

Summary

Landmarc Leisure Corporation Ltd. (Scrip Code: 532275, ISIN: INE394C01023) has listed 18,00,00,000 (180 million) new equity shares on BSE, effective Friday, February 27, 2026. These shares were allotted on a preferential basis to non-promoters at Rs. 1.11/- per share (face value Rs. 1.00/- with a premium of Rs. 0.11/-) and rank pari-passu with the company’s existing equity shares.

Key Points

  • 18,00,00,000 (180 million) equity shares listed and permitted to trade from February 27, 2026
  • Issue price: Rs. 1.11/- per share (face value Rs. 1.00/- + premium Rs. 0.11/-)
  • Issued to non-promoters on a preferential allotment basis
  • Shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 800000001 to 980000000
  • ISIN: INE394C01023
  • Date of allotment: October 6, 2025

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification informing trading members of new securities available for trading on the Exchange.

Compliance Requirements

Trading members of BSE are informed that these securities are listed and permitted for trading from February 27, 2026. The lock-in restrictions on the allotted shares must be strictly observed — shares under lock-in are not available for trading until the respective lock-in expiry dates.

Important Dates

  • Date of Allotment: October 6, 2025
  • Effective Trading Date: February 27, 2026
  • Lock-in expiry (13,64,00,000 shares; Dist. Nos. 800000001–936400000): August 31, 2026
  • Lock-in expiry (4,36,00,000 shares; Dist. Nos. 936400001–980000000): August 30, 2026

Impact Assessment

The listing adds 180 million new shares to the BSE-tradeable universe for Landmarc Leisure Corporation Ltd., representing a significant increase in total share count. However, the immediate free-float impact is limited due to lock-in restrictions covering all allotted shares until August 2026. The preferential allotment to non-promoters at Rs. 1.11/- per share may have a dilutive effect on existing shareholders. Overall market impact is expected to be low in the near term given the lock-in constraints.

Impact Justification

Routine listing of preferentially allotted shares for a single company; most shares subject to lock-in until August 2026, limiting immediate tradeable float impact.