Description

BSE announces listing and trading permission for 1,25,00,000 equity shares of Omansh Enterprises Limited effective March 02, 2026, issued via conversion of CCPS under an NCLT-approved resolution plan.

Summary

BSE has issued Notice No. 20260227-25 informing all market participants that 1,25,00,000 equity shares of Omansh Enterprises Limited (Scrip Code: 538537, ISIN: INE378P01036) are listed and permitted for trading on BSE with effect from 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 a 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/- each are now listed and permitted for trading from March 02, 2026
  • Shares allotted pursuant to conversion of 25,00,000 0% Unlisted CCPS into equity shares
  • Conversion carried out under the NCLT (New Delhi Bench) Resolution Plan order dated February 29, 2024
  • Date of allotment: June 06, 2025
  • Issue price: Rs. 2/- per share (face value)
  • Distribution numbers: 5028008 to 17528007
  • Shares rank pari-passu with existing equity shares of the company
  • ISIN: INE378P01036

Regulatory Changes

No new regulatory changes introduced. This is a listing notification pursuant to an existing NCLT-approved resolution plan order dated February 29, 2024.

Compliance Requirements

  • All market participants must note the new securities listed for Omansh Enterprises Limited (Scrip Code: 538537)
  • The entire lot of 1,25,00,000 shares (Dist. Nos. 5028008 to 17528007) is subject to a lock-in period and cannot be freely traded until April 30, 2027
  • Trading members should update their systems to reflect the new share allotment and applicable lock-in restrictions

Important Dates

  • NCLT Order Date: February 29, 2024
  • Date of Allotment: June 06, 2025
  • BSE Notice Date: February 27, 2026
  • Effective Trading Date: March 02, 2026 (Monday)
  • Lock-in Expiry: April 30, 2027

Impact Assessment

This circular has a limited market impact as it pertains solely to Omansh Enterprises Limited (Scrip Code: 538537). The listing adds 1,25,00,000 new equity shares to the tradable pool on BSE from March 02, 2026. However, the entire allotment is locked in until April 30, 2027, so there is no immediate increase in free-float supply. Existing shareholders should note the pari-passu ranking of these new shares and the lock-in restrictions applicable to them.

Impact Justification

Routine company-specific listing notification for newly allotted shares following CCPS conversion under an NCLT resolution plan; limited broader market impact.