Description

BSE announces listing and trading of 1,25,00,000 equity shares of Omansh Enterprises Limited effective March 02, 2026, issued pursuant to conversion of CCPS under NCLT-approved Resolution Plan.

Summary

BSE has announced the listing and admission to trading of 1,25,00,000 (One Crore Twenty-Five Lakh) equity shares of Rs. 2/- each of Omansh Enterprises Limited (Scrip Code: 538537) with effect from Monday, March 02, 2026. These shares were issued 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 listed and permitted for trading from March 02, 2026
  • Shares issued via conversion of 25,00,000 CCPS (0% Unlisted) into equity shares
  • Conversion carried out under NCLT, New Delhi Bench order dated February 29, 2024
  • Date of allotment: June 06, 2025; Issue Price: Rs. 2/- per share
  • ISIN: INE378P01036
  • Distinctive numbers: 5028008 to 17528007
  • Shares rank pari-passu with existing equity shares of the Company
  • Entire tranche of 1,25,00,000 shares is subject to lock-in until April 30, 2027

Regulatory Changes

No new regulatory changes introduced. This circular implements the listing obligations arising from an existing NCLT-approved Resolution Plan. The shares are admitted under the standard BSE listing framework for equity securities converted from preference shares under insolvency resolution proceedings.

Compliance Requirements

  • Market participants and brokers must note the new securities available for trading from March 02, 2026
  • The lock-in restriction on all 1,25,00,000 shares must be observed until April 30, 2027; these shares cannot be traded or transferred during the lock-in period
  • Depository participants should update records to reflect the new ISIN (INE378P01036) and associated lock-in constraints

Important Dates

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

Impact Assessment

The listing increases the total equity share capital of Omansh Enterprises Limited by 1,25,00,000 shares, which may have a dilutive effect on existing shareholders. However, since the entire newly listed tranche is locked in until April 30, 2027, near-term secondary market supply pressure is minimal. The shares arise from an NCLT resolution process, signalling the company’s ongoing restructuring. Investors and traders should factor in the lock-in period and the resolution plan background when assessing the company’s equity. Overall market impact is moderate and limited to participants directly holding or tracking this scrip.

Impact Justification

Routine equity listing arising from NCLT resolution plan CCPS conversion; affects existing and new shareholders of Omansh Enterprises Limited with a significant lock-in period until April 2027.