Description

BSE lists 20,00,000 new equity shares of Som Distilleries & Breweries Ltd. issued on a preferential basis to promoters at Rs. 112 per share, effective March 13, 2026. Shares are locked in until September 28, 2027.

Summary

BSE has notified trading members that 20,00,000 new equity shares of Som Distilleries & Breweries Ltd. (Scrip Code: 507514, ISIN: INE480C01038) are listed and permitted to trade on the Exchange with effect from Friday, March 13, 2026. These 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)
  • Securities Listed: 20,00,000 equity shares of Rs. 2.00 each issued at a premium of Rs. 110.00
  • Issue Price: Rs. 112.00 per share
  • Allottee: Promoters (preferential basis)
  • ISIN: INE480C01038
  • Distribution Numbers: 205901313 to 207901312
  • Trading Effective From: March 13, 2026
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No new regulatory changes. This is a standard listing notification pursuant to a completed preferential allotment approved under applicable SEBI and Companies Act provisions.

Compliance Requirements

  • Trading members are informed to update their systems to reflect the new securities available for trading from March 13, 2026.
  • The 20,00,000 shares allotted to promoters are subject to a lock-in and cannot be traded until the lock-in period expires on September 28, 2027.

Important Dates

  • Date of Allotment: April 25, 2025
  • Trading Commencement: March 13, 2026
  • Lock-in Expiry: September 28, 2027 (for all 20,00,000 shares, Dist. Nos. 205901313 to 207901312)

Impact Assessment

The listing of 20,00,000 preferential shares expands the total share capital of Som Distilleries & Breweries Ltd. This dilutes existing non-promoter shareholders proportionally. Since these shares are issued to promoters and locked in until September 2027, there will be no immediate selling pressure from these shares. The effective float remains unchanged in the near term. Market impact is moderate and limited to the dilution effect on existing shareholders.

Impact Justification

Routine preferential allotment listing to promoters with a lock-in period; increases promoter holding and share capital but is a standard corporate action with limited broader market impact.