Description

BSE lists 1,25,00,000 new equity shares of Omansh Enterprises Limited arising from conversion of 25,00,000 Compulsorily Convertible Preference Shares (CCPS) under an NCLT-approved Resolution Plan, effective March 02, 2026.

Summary

BSE has notified market participants that 1,25,00,000 new equity shares of Rs. 2/- each issued by Omansh Enterprises Limited (Scrip Code: 538537) are listed and permitted for trading on the Exchange with effect from Monday, March 02, 2026. These shares were allotted pursuant to the conversion of 25,00,000 (Twenty Five Lakh) 0% Unlisted Compulsorily Convertible Preference Shares (CCPS) into equity shares under the Resolution Plan approved by the Hon’ble National Company Law Tribunal (NCLT), New Delhi Bench.

Key Points

  • 1,25,00,000 equity shares of Rs. 2/- face value each are now listed on BSE.
  • Shares were allotted on June 06, 2025, pursuant to conversion of 25,00,000 0% Unlisted CCPS into equity.
  • Conversion was sanctioned under the NCLT (New Delhi Bench) Resolution Plan order dated February 29, 2024.
  • New shares rank pari-passu with existing equity shares of the company.
  • Distribution numbers: 5028008 to 17528007.
  • ISIN: INE378P01036.
  • Issue price: Rs. 2/- per share.
  • All 1,25,00,000 new shares are subject to a lock-in until April 30, 2027.

Regulatory Changes

No new regulatory changes. The listing is consequential to an NCLT Resolution Plan approval and standard CCPS-to-equity conversion mechanics.

Compliance Requirements

  • Market participants should note the lock-in restriction: all 1,25,00,000 shares (Dist. Nos. 5028008 to 17528007) are locked in until April 30, 2027 and cannot be traded until that date.
  • Brokers and depository participants should update their systems to reflect the new ISIN (INE378P01036) and the associated lock-in flag.

Important Dates

  • Date of Allotment: June 06, 2025
  • Trading Commencement: March 02, 2026 (Monday)
  • Lock-in Expiry: April 30, 2027
  • NCLT Resolution Plan Order Date: February 29, 2024

Impact Assessment

The listing increases the total tradeable equity of Omansh Enterprises Limited. However, since all newly listed shares are under lock-in until April 30, 2027, there is no immediate increase in free-float or liquidity. The impact is limited to the company and its existing shareholders; broader market impact is negligible. Investors holding or considering positions in Omansh Enterprises (538537) should be aware of the expanded share capital and the lock-in overhang that will unwind in April 2027.

Impact Justification

Routine company-specific listing notification for new equity shares arising from a CCPS conversion under an NCLT Resolution Plan; no broad market or regulatory impact.