Description
BSE announces listing and trading permission for 9,01,526 new equity shares of Praxis Home Retail Limited issued on a preferential basis to non-promoters, effective March 5, 2026.
Summary
BSE has notified trading members that 9,01,526 new equity shares of Praxis Home Retail Limited (Scrip Code: 540901) are listed and permitted to trade on the Exchange with effect from Thursday, March 5, 2026. These shares were issued on a preferential basis to non-promoters at an issue price of Rs. 43.26 per share.
Key Points
- 9,01,526 equity shares of Rs. 5/- face value each issued at a premium of Rs. 38.26/- per share
- Issued on a preferential basis to non-promoters
- Shares rank pari-passu with existing equity shares of the company
- Distribution numbers: 18,49,10,685 to 18,58,12,210
- ISIN: INE546Y01022
- Issue price: Rs. 43.26 per share
- Date of allotment: November 10, 2025
Regulatory Changes
No regulatory changes. This is a standard listing notification for newly allotted securities under a preferential issue.
Compliance Requirements
Trading members are informed to note the listing and trading permission for these new securities. All 9,01,526 shares are subject to a lock-in period and cannot be traded by the allottees until the lock-in expires.
Important Dates
- Date of Allotment: November 10, 2025
- Trading Commencement Date: March 5, 2026
- Lock-in Expiry: September 29, 2026 (for all 9,01,526 shares, Dist. Nos. 18,49,10,685 to 18,58,12,210)
Impact Assessment
The listing of 9,01,526 new shares represents a modest increase in the tradeable float of Praxis Home Retail Limited. However, all newly listed shares are subject to a lock-in until September 29, 2026, meaning no additional selling pressure is expected from these allottees in the near term. Market impact is expected to be minimal.
Impact Justification
Routine listing of a small preferential allotment of shares to non-promoters with a lock-in period; limited market-wide impact.