Description
BSE announces listing and trading permission for 4,05,21,836 new equity shares of Bijoy Hans Limited issued on preferential basis, effective April 23, 2026.
Summary
BSE Notice No. 20260422-35 informs trading members that 4,05,21,836 new equity shares of Bijoy Hans Limited (Scrip Code: 524723) have been listed and are permitted to trade on the Exchange effective Thursday, April 23, 2026. The shares were issued at a premium on a preferential basis to promoters and non-promoters.
Key Points
- 4,05,21,836 equity shares of Rs. 10/- face value each issued at a premium of Rs. 2.50/- (issue price Rs. 12.50/-)
- Shares allotted on preferential basis to promoters and non-promoters
- Distinctive numbers range: 7500022 to 48021857
- New shares rank pari-passu with existing equity shares
- Lock-in details are provided as a separate attachment (Distinctive_Range_LockinPeriod)
- ISIN: INE491D01017
Regulatory Changes
No new regulatory changes introduced. This is a standard listing notice under BSE’s Listing Operations department for newly allotted securities.
Compliance Requirements
- Trading members are informed to note the new securities available for trading from April 23, 2026
- Lock-in restrictions apply to a subset of shares as per the attachment; trading members must refer to the lock-in schedule before executing trades on behalf of clients holding these shares
Important Dates
- Date of Allotment: March 4, 2026
- Trading Commencement Date: April 23, 2026 (Thursday)
- Notice Date: April 22, 2026
Impact Assessment
The listing adds approximately 40.5 million new equity shares to the tradeable float of Bijoy Hans Limited at an issue price of Rs. 12.50 per share. The influx of new shares could affect short-term price and liquidity dynamics. Lock-in restrictions on promoter portions will limit immediate selling pressure from that segment. The pari-passu ranking means no preferential dividend or voting rights distinction from existing shares.
Impact Justification
Routine listing of preferentially allotted shares for a small-cap company. Significant share count (~40.5 million shares) at a modest premium may affect liquidity and price discovery upon trading commencement.