Description
BSE notifies listing and trading permission for 2,51,39,620 new equity shares of Radhe Developers (India) Ltd. (Scrip Code: 531273) issued on 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, ISIN: INE986B01044) are listed and permitted to trade on the Exchange effective Friday, February 27, 2026. These shares were issued at a premium of Rs. 1.55/- (face value Rs. 1/-) to promoters on a preferential basis at an issue price of Rs. 2.55/- per share.
Key Points
- 2,51,39,620 new equity shares of Rs. 1/- each issued to Promoters on a preferential basis
- Issue price: Rs. 2.55/- per share (face value Rs. 1/- + premium Rs. 1.55/-)
- Distribution numbers: 523741921 to 548881540
- Shares rank pari-passu with existing equity shares of the company
- Date of Allotment: February 2, 2026
- Trading permitted from: February 27, 2026
- ISIN: INE986B01044
Regulatory Changes
No new regulatory changes introduced. This circular is a standard listing notification under BSE’s procedures for newly allotted securities following preferential allotment.
Compliance Requirements
- Trading members are informed of the new securities available for trading from February 27, 2026
- The entire allotment of 2,51,39,620 shares is subject to a lock-in and cannot be traded until the lock-in expiry date of September 29, 2027
- Members should note the lock-in details before facilitating any transactions involving these shares
Important Dates
| Event | Date |
|---|---|
| Date of Allotment | February 2, 2026 |
| Listing / Trading Commencement | February 27, 2026 |
| Lock-in Expiry | September 29, 2027 |
Impact Assessment
This is a routine preferential allotment listing for a small-cap company. The full lot of 2,51,39,620 shares is locked in until September 29, 2027, meaning there is no immediate free-float addition from this allotment. Market impact is expected to be minimal. Existing shareholders should note the dilution effect from the new shares issued to promoters, which increases the total outstanding share count.
Impact Justification
Routine listing of preferentially allotted promoter shares in a small-cap company; shares are subject to lock-in until September 2027, limiting near-term trading impact.