Description
BSE circular detailing the listing of 29,07,250 newly allotted equity shares of Continental Petroleums Ltd., allotted on 17 September 2025, with lock-in periods extending to 30 September 2026 and 30 September 2027.
Summary
BSE has listed 29,07,250 newly allotted equity shares of Continental Petroleums Ltd. (scrip code reference). The shares were allotted on 17 September 2025 across 23 tranches, with distinctive numbers ranging from 5560625 to 8467874. Lock-in periods vary by tranche, expiring on either 30 September 2026 or 30 September 2027.
Key Points
- Total shares listed: 29,07,250 equity shares
- Allotment date: 17 September 2025
- Distinctive number range: 5560625 to 8467874 (23 tranches)
- Tranches 1–3 (4,96,250 shares): lock-in upto 30/09/2027
- Tranches 4–23 (24,11,000 shares): lock-in upto 30/09/2026
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification pursuant to BSE listing procedures.
Compliance Requirements
- Shares under lock-in (tranches 1–3) cannot be traded until 30 September 2027
- Shares under lock-in (tranches 4–23) cannot be traded until 30 September 2026
- Depository participants and custodians should note the applicable lock-in periods against the respective distinctive numbers
Important Dates
- Allotment Date: 17 September 2025
- Lock-in Expiry (Tranches 1–3): 30 September 2027
- Lock-in Expiry (Tranches 4–23): 30 September 2026
- Listing/Circular Date: 02 March 2026
Impact Assessment
Limited market impact as this is a routine listing of allotted shares for Continental Petroleums Ltd. The majority of shares (24,11,000 out of 29,07,250) are locked in until September 2026, restricting near-term tradeable float. Investors and market participants should be aware of the lock-in expiry dates when assessing liquidity in this scrip.
Impact Justification
Routine listing of newly allotted equity shares for a single company with standard lock-in provisions; no regulatory or market-wide implications.