Description

BSE announces the listing of 29,07,250 new equity shares of Continental Petroleums Ltd. allotted on 17 September 2025, with lock-in periods extending to 30 September 2026 or 30 September 2027.

Summary

BSE has announced the listing of 29,07,250 new equity shares of Continental Petroleums Ltd. These shares were allotted on 17 September 2025 and are assigned distinctive numbers ranging from 5,560,625 to 8,467,874. The shares carry lock-in restrictions expiring either on 30 September 2026 or 30 September 2027 depending on the tranche.

Key Points

  • Total 29,07,250 new equity shares of Continental Petroleums Ltd. are being listed on BSE.
  • Shares allotted on 17 September 2025 across 23 tranches.
  • Distinctive number range: 5,560,625 to 8,467,874.
  • Two lock-in periods apply: 30/09/2026 (majority of tranches) and 30/09/2027 (tranches 1–3 totalling 4,97,250 shares).

Regulatory Changes

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

Compliance Requirements

  • The listed shares are subject to lock-in restrictions and cannot be traded until the respective lock-in expiry dates.
  • Shareholders holding shares under lock-in must adhere to the restrictions until 30/09/2026 or 30/09/2027 as applicable to their tranche.

Important Dates

  • Allotment Date: 17 September 2025
  • Lock-in Expiry (Tranches 1–3, 4,97,250 shares): 30 September 2027
  • Lock-in Expiry (Tranches 4–23, 24,10,000 shares): 30 September 2026
  • Listing Date: 2 March 2026

Impact Assessment

This is a routine listing event for Continental Petroleums Ltd. with no immediate trading impact since all listed shares are subject to lock-in periods. The shares will become freely tradeable in tranches starting September 2026, which may result in minor dilution pressure at that time. Overall market impact is minimal and limited to existing shareholders and prospective investors in this specific company.

Impact Justification

Routine listing of newly allotted equity shares for a single company with defined lock-in periods; no systemic market impact.