Description

BSE notifies listing and trading permission for 50,00,000 new equity shares of Fineotex Chemical Limited issued on preferential basis to Non Promoters, effective April 15, 2026.

Summary

BSE has notified trading members that 50,00,000 (50 lakh) new equity shares of Fineotex Chemical Limited (Scrip Code: 533333, ISIN: INE045J01034) are listed and permitted to trade on the Exchange with effect from Wednesday, April 15, 2026. These shares were issued on a preferential basis to Non Promoters at an issue price of Rs. 38.74/- per share (face value Rs. 1/- at a premium of Rs. 37.74/-).

Key Points

  • 50,00,000 equity shares of face value Rs. 1/- each issued at a premium of Rs. 37.74/- per share
  • Issue price: Rs. 38.74/- per share
  • Allotted on a preferential basis to Non Promoters
  • Shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 1159500901 to 1164500900
  • Date of allotment: January 17, 2026
  • Trading permitted from: April 15, 2026

Regulatory Changes

No regulatory changes. This is a standard listing notification for newly allotted securities following a preferential issue.

Compliance Requirements

  • Trading members are informed to note the new securities and their distribution numbers for settlement and trading purposes.
  • The entire allotment of 50,00,000 shares is subject to a lock-in period and cannot be freely traded until October 30, 2026.

Important Dates

  • Date of Allotment: January 17, 2026
  • Trading Commencement Date: April 15, 2026 (Wednesday)
  • Lock-in Expiry Date: October 30, 2026 (for all 50,00,000 shares, Dist. Nos. 1159500901–1164500900)

Impact Assessment

The listing adds 50 lakh shares to the tradeable equity of Fineotex Chemical Limited (Scrip Code: 533333). However, since all newly listed shares are under lock-in until October 30, 2026, there is no immediate dilution impact on the free float. Post lock-in expiry, the release of these shares could modestly increase supply in the secondary market. The preferential allotment to Non Promoters suggests institutional or strategic investor interest at Rs. 38.74/- per share.

Impact Justification

Routine listing of preferentially allotted shares; increases equity supply for FINEOTEX by 50 lakh shares at Rs. 38.74 with a lock-in period until October 2026, with limited broader market impact.