Description

BSE lists 1,62,000 new equity shares of Cospower Engineering Limited issued on preferential basis to non-promoters at Rs. 990/- per share, effective March 12, 2026.

Summary

BSE has notified trading members that 1,62,000 new equity shares of Cospower Engineering Limited (Scrip Code: 543172) are listed and permitted to trade on the Exchange with effect from Thursday, March 12, 2026. The shares were issued on a preferential basis to non-promoters at an issue price of Rs. 990/- per share (face value Rs. 10/- at a premium of Rs. 980/-).

Key Points

  • 1,62,000 equity shares of Rs. 10/- each issued at a premium of Rs. 980/- per share to non-promoters on a preferential basis
  • Issue price: Rs. 990.00/- per share
  • Shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 1674501 to 1836500
  • Date of allotment: February 9, 2026
  • ISIN: INE0CQB01010
  • All 1,62,000 shares are subject to lock-in until September 30, 2026

Regulatory Changes

No regulatory changes. This is a standard listing notification pursuant to a completed preferential allotment.

Compliance Requirements

  • Trading members are informed to note the new securities available for trading from March 12, 2026
  • The lock-in restriction on all 1,62,000 shares must be observed until September 30, 2026; these shares cannot be traded during the lock-in period

Important Dates

  • Date of Allotment: February 9, 2026
  • Trading Effective From: March 12, 2026
  • Lock-in Expiry: September 30, 2026

Impact Assessment

Limited market impact. The listing adds 1,62,000 shares to the tradable float of Cospower Engineering Limited (Scrip Code: 543172), though all newly listed shares are under lock-in until September 30, 2026, meaning no immediate increase in freely tradable supply. Relevant primarily to existing shareholders and traders monitoring the company’s share capital structure.

Impact Justification

Routine listing of preferentially allotted shares for a single company with no broad market or regulatory impact. Affects only Cospower Engineering Limited shareholders and traders.