Description
BSE lists 4,00,000 new equity shares of Candour Techtex Limited issued on a preferential basis via warrant conversion, effective March 12, 2026. Shares are subject to lock-in until November 30, 2026.
Summary
BSE has notified trading members that 4,00,000 new equity shares of Candour Techtex Limited (Scrip Code: 522292) are listed and permitted to trade on the Exchange with effect from Thursday, March 12, 2026. The shares were issued to Non-Promoters on a preferential basis pursuant to conversion of warrants.
Key Points
- 4,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 73.70/- per share
- Issue price: Rs. 83.70/- per share
- Shares issued to Non-Promoters via conversion of warrants (preferential basis)
- New shares rank pari-passu with existing equity shares
- ISIN: INE713D01055
- Distinctive numbers: 18756739 to 19156738
- Date of allotment: December 12, 2025
Regulatory Changes
No regulatory changes. This is a routine corporate action — listing of new shares following a preferential allotment pursuant to warrant conversion.
Compliance Requirements
- Trading members must note the new securities admitted to trading effective March 12, 2026
- The 4,00,000 shares are subject to lock-in and cannot be traded until the lock-in expiry date of November 30, 2026
Important Dates
- Date of Allotment: December 12, 2025
- Trading Commencement: March 12, 2026
- Lock-in Expiry: November 30, 2026 (for all 4,00,000 shares, Dist. Nos. 18756739 to 19156738)
Impact Assessment
The listing adds 4,00,000 equity shares to the tradeable float of Candour Techtex Limited (Scrip Code: 522292). However, since all newly listed shares are under lock-in until November 30, 2026, there is no immediate increase in free-float liquidity. Market impact is minimal and confined to this single scrip.
Impact Justification
Routine listing of preferentially allotted equity shares from warrant conversion for a single company; limited broader market impact.