Description
BSE notice informing trading members that 2,000,000 new equity shares of Som Distilleries & Breweries Ltd. are listed and permitted to trade from March 13, 2026, issued on a preferential basis to promoters.
Summary
BSE Notice No. 20260312-19 informs trading members that 2,000,000 new equity shares of Som Distilleries & Breweries Ltd. (Scrip Code: 507514, ISIN: INE480C01038) have been listed and are permitted to trade on BSE with effect from Friday, March 13, 2026. The shares were issued on a preferential basis to promoters at an issue price of Rs. 112.00 per share (face value Rs. 2.00 + premium of Rs. 110.00).
Key Points
- Company: Som Distilleries & Breweries Ltd.
- Scrip Code: 507514
- ISIN: INE480C01038
- Number of Shares Listed: 2,000,000 equity shares
- Face Value: Rs. 2.00 per share
- Issue Price: Rs. 112.00 per share (premium of Rs. 110.00)
- Allotted To: Promoters on a preferential basis
- Pari-passu: These shares rank pari-passu with existing equity shares
- Distribution Numbers: 205901313 to 207901312
- Date of Allotment: April 25, 2025
- Trading Effective From: March 13, 2026
Regulatory Changes
No new regulatory changes introduced. This is a standard listing notification for newly allotted preferential shares in compliance with BSE listing requirements.
Compliance Requirements
- Trading members are notified to recognize and permit trading of the new securities from March 13, 2026.
- The 2,000,000 promoter shares are subject to a lock-in restriction and cannot be traded until the lock-in period expires.
Important Dates
- Date of Allotment: April 25, 2025
- Trading Commencement: March 13, 2026
- Lock-in Expiry: September 28, 2027 (for all 2,000,000 shares, Dist. Nos. 205901313 to 207901312)
Impact Assessment
The listing of 2,000,000 preferential shares to promoters represents a moderate equity dilution event for existing shareholders of Som Distilleries & Breweries Ltd. Since all newly listed shares are under promoter lock-in until September 28, 2027, there is no immediate supply-side pressure on the stock. The issue price of Rs. 112.00 serves as a reference point for market valuation. Overall market impact is limited given the lock-in restriction and the relatively routine nature of this preferential allotment listing.
Impact Justification
Routine listing of preferential allotment shares to promoters with a lock-in period; relevant to existing shareholders due to equity dilution but limited broader market impact.