Description
BSE notifies listing of 9,01,526 equity shares of Praxis Home Retail Limited on preferential basis, effective March 5, 2026, with lock-in until September 29, 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 a premium.
Key Points
- 9,01,526 equity shares of Rs. 5/- face value each issued at a premium of Rs. 38.26/- per share
- Issue price: Rs. 43.26/- per share
- Issued to non-promoters on a preferential basis
- Shares rank pari-passu with existing equity shares
- ISIN: INE546Y01022
- Distribution numbers: 18,49,10,685 to 18,58,12,210
Regulatory Changes
No new regulatory changes. This is a standard listing notification pursuant to a preferential allotment approved by the company.
Compliance Requirements
- Trading members are informed of the new securities available for trading from March 5, 2026
- Lock-in compliance: All 9,01,526 shares are subject to lock-in until September 29, 2026 and cannot be traded until that date
Important Dates
- Date of Allotment: November 10, 2025
- Trading Commencement: March 5, 2026
- Lock-in Expiry: September 29, 2026
Impact Assessment
The listing adds 9,01,526 new shares to the tradable float of Praxis Home Retail Limited, though all shares are under lock-in until September 29, 2026, meaning no immediate increase in free-float liquidity. Impact is moderate and confined to shareholders monitoring dilution from the preferential allotment. Post lock-in expiry, a potential supply of ~9 lakh shares may enter the market.
Impact Justification
Routine preferential allotment listing with lock-in; moderate impact limited to existing and prospective shareholders of Praxis Home Retail Limited.