Description
BSE lists 4,00,000 new equity shares of Candour Techtex Limited effective March 12, 2026, issued on a preferential basis to Non Promoters pursuant to conversion of warrants at Rs. 83.70 per share.
Summary
BSE has listed 4,00,000 new equity shares of Candour Techtex Limited (Scrip Code: 522292) effective Thursday, March 12, 2026. These shares were issued at a premium to Non Promoters on a preferential basis pursuant to the conversion of warrants, and rank pari-passu with existing equity shares of the company.
Key Points
- Company: Candour Techtex Limited (Scrip Code: 522292)
- Number of Shares: 4,00,000 equity shares of Rs. 10/- each
- Issue Price: Rs. 83.70/- per share (face value Rs. 10/- + premium of Rs. 73.70/-)
- Issued To: Non Promoters on a preferential basis via conversion of warrants
- ISIN: INE713D01055
- Distribution Numbers: 18756739 to 19156738
- Pari-passu: Shares rank equally with existing equity shares
Regulatory Changes
No regulatory changes introduced. This is a standard listing notice informing trading members of the availability of newly allotted securities for trading on the BSE.
Compliance Requirements
- Trading members may trade the newly listed securities effective March 12, 2026.
- Lock-in restrictions apply to all 4,00,000 shares (Dist. Nos. 18756739 to 19156738) until November 30, 2026.
Important Dates
| Event | Date |
|---|---|
| Date of Allotment | December 12, 2025 |
| Trading Effective From | March 12, 2026 |
| Lock-in Expiry | November 30, 2026 |
Impact Assessment
The listing adds 4,00,000 shares to the tradable float of Candour Techtex Limited on BSE, though these shares are subject to lock-in until November 30, 2026, limiting their immediate impact on market liquidity. The preferential allotment at Rs. 83.70 per share via warrant conversion reflects a pre-agreed price and is a routine corporate action. The impact is confined to existing and prospective shareholders of the company with no broader market implications.
Impact Justification
Routine listing of preferentially allotted equity shares following warrant conversion for a single company; limited broader market impact.