Description

BSE notifies listing of 6,05,494 equity shares of Shree Hari Chemicals Export Ltd. issued to Promoters on a preferential basis via conversion of Compulsory Convertible Debentures (CCDs), 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).

Key Points

  • 6,05,494 equity shares of face value Rs. 10/- each issued at a premium of Rs. 69/- per share (total issue price Rs. 79/-)
  • Shares issued to Promoters on a preferential basis via conversion of 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 a lock-in period until June 4, 2027

Regulatory Changes

No new regulatory changes introduced. This is a standard listing notification in accordance with BSE listing requirements for newly allotted securities.

Compliance Requirements

  • Trading members are informed of the new securities and their eligibility for trading from March 4, 2026
  • Lock-in restriction applies: the 6,05,494 shares (Dist. Nos. 4986141–5591634) cannot be traded until June 4, 2027

Important Dates

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

Impact Assessment

Low market impact. The allotment represents a relatively small preferential issue to promoters via CCD conversion. Since all newly listed shares are under lock-in until June 2027, there is no immediate increase in free-float or selling pressure in the market. Existing shareholders experience marginal dilution at Rs. 79/- per share.

Impact Justification

Routine listing notification for a small preferential allotment of shares via CCD conversion to promoters; limited market impact with a lock-in period until June 2027.