Description

BSE notifies listing and trading permission for 31,28,636 preferentially allotted equity shares of Dhruva Capital Services Ltd (Scrip Code: 531237) effective March 2, 2026, issued at Rs. 55/- per share with two-tranche lock-in restrictions.

Summary

BSE has notified the listing and trading permission for 31,28,636 new equity shares of Dhruva Capital Services Ltd (Scrip Code: 531237, ISIN: INE972E01014) on the Exchange. These shares were issued on a preferential basis to Promoter and Non-Promoter at an issue price of Rs. 55/- per share (face value Rs. 10/- with a premium of Rs. 45/-) and are permitted to trade effective Monday, March 2, 2026. The shares are subject to two separate lock-in tranches.

Key Points

  • 31,28,636 equity shares of Rs. 10/- each issued at a premium of Rs. 45/-, total issue price Rs. 55/-
  • Issued to Promoter and Non-Promoter on a preferential basis
  • Shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 4061701 to 7190336
  • Date of allotment: July 30, 2025
  • ISIN: INE972E01014
  • Trading permitted from March 2, 2026
  • Two separate lock-in tranches apply based on distribution numbers

Regulatory Changes

No new regulatory changes. This is a routine listing notification issued pursuant to a completed preferential allotment under applicable SEBI and BSE regulations.

Compliance Requirements

Trading members must observe the following lock-in restrictions and refrain from executing trades in locked shares during the respective lock-in periods:

  • 11,00,000 shares (Dist. Nos. 4061701–5161700): Locked in until September 30, 2027
  • 20,28,636 shares (Dist. Nos. 5161701–7190336): Locked in until September 30, 2026

Only shares outside the lock-in period are eligible for trading from March 2, 2026.

Important Dates

  • Date of Allotment: July 30, 2025
  • Trading Commencement: March 2, 2026 (Monday)
  • Lock-in Expiry (20,28,636 shares): September 30, 2026
  • Lock-in Expiry (11,00,000 shares): September 30, 2027

Impact Assessment

This listing adds 31,28,636 new equity shares to the tradable universe of Dhruva Capital Services Ltd on BSE. Given that the entire allotment is under lock-in initially, there is no immediate increase in freely tradable float on March 2, 2026. The larger tranche (20,28,636 shares) becomes freely tradable after September 30, 2026, and the remaining 11,00,000 shares after September 30, 2027. Market impact is confined to this specific company’s share structure and liquidity profile, with no broader market implications.

Impact Justification

Routine preferential allotment listing notice for a single company with standard lock-in provisions; no systemic or broad market impact.