Description
BSE lists 1,67,23,565 new equity shares of Bajaj Hindusthan Sugar Limited issued on preferential basis to non-promoters at Rs. 5.12/- per share, effective April 20, 2026.
Summary
BSE has listed 1,67,23,565 new equity shares of Bajaj Hindusthan Sugar Limited (Scrip Code: 500032) issued to non-promoters on a preferential basis. These shares are permitted to trade on the Exchange with effect from Monday, April 20, 2026.
Key Points
- 1,67,23,565 equity shares of Re. 1/- each issued at a premium of Rs. 4.12/- (issue price Rs. 5.12/-)
- Issued to non-promoters on a preferential basis
- Shares rank pari-passu with existing equity shares
- ISIN: INE306A01021
- Distribution numbers: 2373942477 to 2390666041
- All newly listed shares are subject to lock-in until March 31, 2027
Regulatory Changes
No regulatory changes introduced. This is a standard listing notice for securities already allotted.
Compliance Requirements
- Trading members are informed to note the listing effective April 20, 2026
- Lock-in restriction applies to all 1,67,23,565 shares until March 31, 2027; these cannot be traded until lock-in expires
Important Dates
- Date of Allotment: April 1, 2026
- Effective Date for Trading: April 20, 2026
- Lock-in Expiry: March 31, 2027
Impact Assessment
The listing adds approximately 1.67 crore new shares to the tradeable float of Bajaj Hindusthan Sugar Limited, though all shares are locked in until March 2027. The preferential allotment at Rs. 5.12/- per share reflects a slight premium over face value. Market impact is limited in the near term given the lock-in, but the dilution may have a modest effect on EPS and shareholding structure.
Impact Justification
Routine listing of preferentially allotted shares with lock-in; increases share supply but is company-specific with no broader market impact.