Description

BSE lists 4,085,000 new equity shares of Jeevan Scientific Technology Limited issued on a preferential basis to Non-Promoters at Rs. 40/- per share, effective February 27, 2026.

Summary

BSE has notified trading members that 4,085,000 new equity shares of Jeevan Scientific Technology Limited (Scrip Code: 538837) 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 Non-Promoters at an issue price of Rs. 40/- per share (face value Rs. 10/- plus premium of Rs. 30/-).

Key Points

  • Company: Jeevan Scientific Technology Limited (Scrip Code: 538837)
  • Number of Shares: 4,085,000 equity shares
  • Face Value: Rs. 10/- per share
  • Issue Price: Rs. 40/- per share (Rs. 10 face value + Rs. 30 premium)
  • Allotted To: Non-Promoters on a preferential basis
  • ISIN: INE237B01018
  • Distinctive Numbers: 15833966 to 19918965
  • Date of Allotment: January 2, 2026
  • Trading Effective From: February 27, 2026
  • Shares rank pari-passu with existing equity shares of the company

Regulatory Changes

No regulatory changes. This is a standard listing notification for newly allotted securities under existing SEBI preferential allotment norms.

Compliance Requirements

  • Trading members are informed of the new securities and may facilitate trading from February 27, 2026.
  • Lock-in restrictions apply to all 4,085,000 shares until September 2, 2026; these shares cannot be traded until the lock-in expires.

Important Dates

  • Date of Allotment: January 2, 2026
  • Listing / Trading Effective Date: February 27, 2026
  • Lock-in Expiry Date: September 2, 2026 (for all 4,085,000 shares, Dist. Nos. 15833966 to 19918965)

Impact Assessment

The listing adds 4,085,000 shares to the tradeable equity base of Jeevan Scientific Technology Limited, representing a preferential allotment to Non-Promoters. However, all newly listed shares are subject to a lock-in period until September 2, 2026, meaning no immediate increase in free-float or trading liquidity. Market impact is minimal and confined to this single scrip.

Impact Justification

Routine listing of preferentially allotted shares for a single company with no market-wide regulatory changes; impact is limited to existing and prospective shareholders of Jeevan Scientific Technology Limited.