Description
BSE circular announcing the listing of 29,07,250 newly allotted equity shares of Continental Petroleums Ltd., allotted on 17.09.2025, with lock-in periods extending to 30/09/2026 or 30/09/2027.
Summary
BSE has announced the listing of 29,07,250 newly allotted equity shares of Continental Petroleums Ltd. The shares were allotted on 17 September 2025 and are being admitted to trading on BSE. The allotment is spread across 23 tranches with distinctive share numbers ranging from 5560625 to 8467874. All shares are subject to lock-in periods.
Key Points
- Total shares listed: 29,07,250 equity shares
- Date of allotment: 17 September 2025
- Distinctive number range: 5560625 to 8467874
- 23 separate tranches of allotment across various investors/categories
- First 3 tranches (4,96,250 shares) are locked in until 30/09/2027
- Remaining 20 tranches (24,11,000 shares) are locked in until 30/09/2026
Regulatory Changes
No regulatory changes. This is a standard listing notification pursuant to a prior allotment of securities.
Compliance Requirements
- Lock-in restrictions apply: shares in tranches 1–3 (distinctive numbers 5560625–6057874) cannot be traded until 30 September 2027
- Shares in tranches 4–23 (distinctive numbers 6057875–8467874) cannot be traded until 30 September 2026
- Holders must comply with applicable lock-in conditions under SEBI regulations
Important Dates
- Allotment date: 17 September 2025
- Lock-in expiry (tranches 4–23): 30 September 2026
- Lock-in expiry (tranches 1–3): 30 September 2027
- BSE circular date: 02 March 2026
Impact Assessment
Limited market impact. The shares are subject to lock-in and are not immediately freely tradable in full. The listing is administrative in nature, confirming admission of previously allotted shares to BSE. No immediate price pressure is expected given the lock-in constraints on all 29,07,250 shares.
Impact Justification
Routine listing of newly allotted shares for a single company with no broad market or regulatory implications. Lock-in periods limit immediate tradability.