Description

Kotyark Industries Limited confirms lock-in details of its equity shares as part of its migration from NSE Limited (EMERGE) platform to the Main Board of BSE. All 10,279,116 equity shares are free from lock-in and held in dematerialised form.

Summary

Kotyark Industries Limited has submitted confirmation of lock-in details for its equity shares to BSE Limited as part of its application to migrate from the NSE Limited (EMERGE) SME platform to the Main Board of BSE. The letter, dated March 11, 2026, was addressed to the Listing Operations Department of BSE.

Key Points

  • Kotyark Industries Limited (CIN: U24100GJ2016PLC094939) is migrating from NSE EMERGE (SME) platform to BSE Main Board via direct listing.
  • Total equity shares: 10,279,116 (distinctive numbers: 1 to 10,279,116).
  • All shares are fully paid-up equity shares.
  • All shares are free from lock-in.
  • Shares are held in dematerialised form.
  • The confirmation was submitted by Chairman cum Managing Director (DIN: 03502841).

Regulatory Changes

No new regulatory changes introduced. This circular pertains to the procedural compliance required for migration from an SME exchange platform (NSE EMERGE) to a mainboard exchange (BSE), in accordance with applicable SEBI and exchange regulations governing direct listing migrations.

Compliance Requirements

  • Kotyark Industries Limited has submitted lock-in confirmation details as required by BSE Listing Operations Department for processing the migration application.
  • BSE is requested to take the submitted information on record for further processing of the mainboard listing application.

Important Dates

  • March 11, 2026: Date of submission of lock-in confirmation letter to BSE Listing Operations Department.

Impact Assessment

The migration of Kotyark Industries Limited from NSE EMERGE to BSE Mainboard increases the company’s visibility and accessibility to a broader investor base. Existing shareholders benefit from improved liquidity on the mainboard. The fact that all shares are free from lock-in means there are no near-term lock-in expiry overhangs. The impact is primarily company-specific with limited effect on broader market operations.

Impact Justification

Company-specific listing migration from SME platform to mainboard; affects existing shareholders and new investors on BSE but limited broader market impact.