Description
BSE notifies listing and trading of 1,550,000 new equity shares of SMT Engineering Limited issued on preferential basis to non-promoters, effective March 11, 2026.
Summary
BSE has notified trading members that 1,550,000 new equity shares of SMT Engineering Limited (Scrip Code: 538563) are listed and permitted to trade on the Exchange effective Wednesday, March 11, 2026. The shares were issued on a preferential basis to non-promoters at a premium.
Key Points
- 1,550,000 equity shares of Rs. 10.00/- each issued at a premium of Rs. 215.00/- (issue price Rs. 225.00/-)
- Shares issued to non-promoters on a preferential basis
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 16520001 to 18070000
- ISIN: INE673E01018
Regulatory Changes
No regulatory changes. This is a standard listing notification pursuant to preferential allotment of equity shares.
Compliance Requirements
- Trading members are informed to note the listing effective March 11, 2026
- Lock-in applies to all 1,550,000 shares (Dist. Nos. 16520001 to 18070000) until September 20, 2026
Important Dates
- Date of Allotment: February 10, 2026
- Trading Commencement: March 11, 2026
- Lock-in Expiry: September 20, 2026
Impact Assessment
Limited market impact. The listing adds 1,550,000 shares to the tradeable float of SMT Engineering Limited, though all newly listed shares are subject to lock-in until September 20, 2026, meaning no immediate increase in free float. Existing shareholders are unaffected as new shares rank pari-passu.
Impact Justification
Routine listing of preferentially allotted shares for a small-cap company with no broader market impact.