Description

BSE lists 6,05,494 new equity shares of Shree Hari Chemicals Export Ltd. issued to promoters on a preferential basis via conversion of Compulsory Convertible Debentures, effective March 4, 2026.

Summary

BSE has notified trading members that 6,05,494 new equity shares of Shree Hari Chemicals Export Ltd. (Scrip Code: 524336) are listed and permitted to trade on the Exchange with effect from Wednesday, March 4, 2026. These shares were issued to promoters on a preferential basis pursuant to conversion of Compulsory Convertible Debentures (CCDs).

Key Points

  • 6,05,494 equity shares of Rs. 10/- each issued at a premium of Rs. 69/- (issue price Rs. 79/-) to promoters on preferential basis
  • Shares issued via conversion of Compulsory Convertible Debentures (CCDs)
  • New shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 4986141 to 5591634
  • ISIN: INE065E01017
  • All 6,05,494 shares are subject to lock-in until June 4, 2027

Regulatory Changes

No regulatory changes. This is a routine listing notification under BSE’s listing and trading admission process for newly issued securities.

Compliance Requirements

  • Trading members are informed of the new securities and their eligibility for trading from March 4, 2026
  • The lock-in restriction must be observed: all 6,05,494 shares (Dist. Nos. 4986141–5591634) are locked in until June 4, 2027 and cannot be traded during this period

Important Dates

  • Date of Allotment: December 4, 2025
  • Trading Commencement Date: March 4, 2026
  • Lock-in Expiry Date: June 4, 2027

Impact Assessment

This is a routine preferential allotment listing with limited market impact. The newly listed shares represent a modest addition to the company’s equity capital. Since all shares are under lock-in until June 2027, there is no immediate increase in tradable float. Market participants trading Shree Hari Chemicals Export Ltd. (Scrip Code: 524336) should note the updated share distribution numbers and the lock-in status of the newly listed securities.

Impact Justification

Routine listing of new equity shares from CCD conversion for a single company; limited market-wide impact, affects only Shree Hari Chemicals Export Ltd. shareholders and traders.