Description
BSE lists 51,28,205 new equity shares of Granules India Ltd. issued on preferential basis to Non Promoters at Rs. 585/- per share, effective April 9, 2026.
Summary
BSE has listed 51,28,205 new equity shares of Granules India Ltd. (Scrip Code: 532482, ISIN: INE101D01020) issued on a preferential basis to Non Promoters at an issue price of Rs. 585/- per share (face value Re. 1/- + premium of Rs. 584/-). The shares are admitted to trading on BSE with effect from Thursday, April 9, 2026.
Key Points
- 51,28,205 equity shares of Re. 1/- each issued at a premium of Rs. 584/- (total issue price Rs. 585/-)
- Issued to Non Promoters on a preferential basis
- Shares rank pari-passu with existing equity shares of the company
- Distribution numbers: 256020091 to 261148295
- Date of allotment: 23 February 2026
- Trading permitted from April 9, 2026
Regulatory Changes
No new regulatory changes introduced. This is a standard listing notice pursuant to a completed preferential allotment under applicable SEBI and BSE regulations.
Compliance Requirements
- Trading members are informed that the new securities are listed and permitted to trade from April 9, 2026
- The entire allotted quantity of 51,28,205 shares is subject to a lock-in period until October 19, 2026; these shares cannot be sold or transferred until the lock-in expires
Important Dates
| Event | Date |
|---|---|
| Date of Allotment | 23 February 2026 |
| Trading Commencement | 9 April 2026 |
| Lock-in Expiry | 19 October 2026 |
Impact Assessment
The listing adds approximately 51.28 lakh new equity shares to Granules India Ltd.’s share capital, representing a preferential allotment to non-promoter investors at Rs. 585/- per share. Since all newly listed shares are under lock-in until October 19, 2026, there is no immediate increase in free-float. The dilution impact on existing shareholders is moderate. Post lock-in expiry, the market may see additional selling pressure if lock-in holders choose to exit.
Impact Justification
Routine preferential allotment listing with lock-in restrictions; adds ~5.1M new shares to the float with a lock-in until October 2026, moderately dilutive for existing shareholders.