Description

BSE notifies listing and trading permission for 2,51,39,620 equity shares of Radhe Developers (India) Ltd. (Scrip Code: 531273) issued on a preferential basis to promoters at Rs. 2.55/- per share, effective February 27, 2026.

Summary

BSE has notified trading members that 2,51,39,620 new equity shares of Radhe Developers (India) Ltd. (Scrip Code: 531273) are listed and permitted to trade on the Exchange with effect from Friday, February 27, 2026. These shares were issued on a preferential basis to promoters at an issue price of Rs. 2.55/- per share (face value Rs. 1/- at a premium of Rs. 1.55/-).

Key Points

  • Company: Radhe Developers (India) Ltd. (Scrip Code: 531273, ISIN: INE986B01044)
  • Number of shares: 2,51,39,620 equity shares of Rs. 1/- each
  • Issue price: Rs. 2.55/- per share (face value Rs. 1/- + premium Rs. 1.55/-)
  • Allottee: Promoters, on a preferential basis
  • Trading effective from: Friday, February 27, 2026
  • Distribution numbers: 523741921 to 548881540
  • Date of allotment: February 2, 2026
  • Pari-passu ranking: These shares rank equally with existing equity shares

Regulatory Changes

No new regulatory changes. This is a standard listing notice pursuant to BSE listing regulations for securities issued on a preferential allotment basis.

Compliance Requirements

  • Trading members are informed that the new securities are listed and may be traded from February 27, 2026 onwards.
  • The allotted shares are subject to a lock-in period; they cannot be traded by the promoter-allottees until the lock-in expiry date.

Important Dates

  • Date of allotment: February 2, 2026
  • Trading commencement: February 27, 2026
  • Lock-in expiry: September 29, 2027 (for all 2,51,39,620 shares, Dist. Nos. 523741921 to 548881540)

Impact Assessment

The listing of 2,51,39,620 preferential shares increases the total share capital of Radhe Developers (India) Ltd. and may result in equity dilution for existing shareholders. However, since these shares are locked in until September 29, 2027, there is no immediate increase in tradeable float. Market impact is expected to be minimal in the short term. Investors and trading members should note the expanded share capital and the lock-in restriction on the newly listed shares.

Impact Justification

Routine listing notification for preferential shares allotted to promoters; shares are locked in until September 2027, limiting immediate market impact. Primarily informational for trading members.