Description

BSE notifies listing and trading permission for 6,05,494 new equity shares of Shree Hari Chemicals Export Ltd. issued to promoters on 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 the conversion of Compulsory Convertible Debentures (CCDs) at an issue price of Rs. 79/- per share.

Key Points

  • 6,05,494 equity shares of face value Rs. 10/- each issued at a premium of Rs. 69/- (issue price Rs. 79/-)
  • Shares issued to Promoters on a preferential basis 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
  • Date of Allotment: December 4, 2025
  • Trading permitted from March 4, 2026

Regulatory Changes

No regulatory changes introduced. This is a standard listing notification pursuant to the Exchange’s listing obligations for newly allotted securities.

Compliance Requirements

  • Trading members are informed to update their systems to permit trading of these new securities from March 4, 2026
  • The entire allotment of 6,05,494 shares is subject to lock-in restrictions and cannot be traded until June 4, 2027

Important Dates

  • Date of Allotment: December 4, 2025
  • Trading Effective Date: March 4, 2026
  • Lock-in Expiry: June 4, 2027 (for all 6,05,494 shares, Dist. Nos. 4986141–5591634)

Impact Assessment

Minimal near-term market impact. The entire batch of newly listed shares is locked in until June 4, 2027, meaning no additional supply will enter the market from this allotment for over a year. The preferential allotment represents a CCD conversion by promoters, which is a non-dilutive event for the broader market. Trading members should note the scrip code (524336) and updated share distribution numbers for settlement and depository purposes.

Impact Justification

Routine listing notification for a small preferential allotment to promoters via CCD conversion. Limited market impact as shares are under lock-in until June 2027 and the allotment size is modest.