Description

BSE shareholding pattern disclosure for newly listed Accord Transformer & Switchgear Limited, filed under Regulation 31(1)(b) for the quarter ending 26/02/2026.

Summary

Accord Transformer & Switchgear Limited has filed its shareholding pattern with BSE under Regulation 31(1)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, coinciding with the listing of its equity shares. The filing covers the quarter ending 26/02/2026 and discloses a total of 20,573,289 equity shares held across 530 shareholders.

Key Points

  • Total equity shares outstanding: 20,573,289
  • Promoter & Promoter Group holds 12,750,000 shares (61.97%) across 2 entities
  • Public shareholders hold 7,823,289 shares (38.03%) across 528 holders
  • Shares held in dematerialized form: 16,595,289 (80.66% of total)
  • No partly paid-up shares, convertible securities, or depository receipts issued
  • No locked-in shares reported under public category
  • Promoter shares have a conversion/diluted holding of 61.97% on fully diluted basis
  • Public category demat holding: 3,845,289 shares (49.15% of public category)

Regulatory Changes

No new regulatory changes introduced. This is a standard disclosure under SEBI LODR Regulation 31(1)(b) for the shareholding pattern at the time of listing.

Compliance Requirements

  • Listed entity has submitted the Format of Holding of Specified Securities as mandated by SEBI LODR Regulations.
  • Declaration confirmed: No partly paid-up shares, no convertible securities/warrants, no depository receipts, no locked-in shares, no pledged promoter shares.
  • Columns for partly paid-up shares, depository receipts, locked-in shares, and pledged shares are suppressed per SEBI guidelines given ‘No’ declarations.

Important Dates

  • Quarter/reporting period end date: 26/02/2026
  • Circular date: 27/02/2026

Impact Assessment

This disclosure is a routine compliance filing associated with the new listing of Accord Transformer & Switchgear Limited on BSE. The promoter group retains majority control at ~62%, which is typical for newly listed companies. The relatively lower demat percentage in the public category (49.15%) may indicate some retail/physical share holdings yet to be converted. No pledging or encumbrance on promoter shares is a positive indicator. Overall market impact is minimal and limited to prospective investors in this specific scrip.

Impact Justification

Routine shareholding pattern disclosure for a newly listed SME-scale company; relevant to investors of this specific scrip but no broader market impact.