Description
BSE notifies listing and trading permission for 1,464,414 new equity shares of Zodiac Clothing Co. Ltd. issued to promoters on a preferential basis, effective March 6, 2026.
Summary
BSE has notified trading members that 1,464,414 new equity shares of Zodiac Clothing Co. Ltd. (Scrip Code: 521163) are listed and permitted to trade on the Exchange effective Friday, March 6, 2026. These shares were issued to promoters on a preferential basis at an issue price of Rs. 102.43 per share (face value Rs. 10 + premium of Rs. 92.43).
Key Points
- 1,464,414 equity shares of Rs. 10/- each issued at a premium of Rs. 92.43 per share
- Total issue price: Rs. 102.43 per share
- Issued to Promoters on a preferential basis
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 25993718 to 27458131
- ISIN: INE206B01013
- Date of allotment: January 16, 2026
- Trading permitted from March 6, 2026
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification under BSE’s procedures for newly allotted securities.
Compliance Requirements
Trading members are informed of the new securities and may facilitate trading from the effective date. No additional compliance action required from trading members beyond awareness of the new listing.
Important Dates
- Date of Allotment: January 16, 2026
- Trading Effective From: March 6, 2026 (Friday)
- Lock-in Expiry: October 14, 2027 (all 1,464,414 shares are locked in until this date)
Impact Assessment
Market impact is minimal. All 1,464,414 newly listed shares are subject to a lock-in period until October 14, 2027, meaning they will not be available for trading in the open market during this period. The listing is a procedural step following a preferential allotment to promoters. The issue price of Rs. 102.43 may serve as a reference point for market participants assessing promoter confidence.
Impact Justification
Routine listing of preferentially allotted shares to promoters; limited market impact as shares are locked in until October 2027 and represent a relatively small addition to existing float.