Description
BSE announces listing and trading permission for 16,00,000 new equity shares of Vaswani Industries Limited (Scrip Code 533576) issued on preferential basis to Promoters, effective April 27, 2026.
Summary
BSE has notified trading members that 16,00,000 new equity shares of Vaswani Industries Limited (Scrip Code: 533576) are listed and permitted to trade on the Exchange effective Monday, April 27, 2026. These shares were issued at a premium of Rs. 40/- (issue price Rs. 50/-) to Promoters on a preferential basis and rank pari-passu with existing equity shares.
Key Points
- 16,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 40/- (total issue price Rs. 50/-) to Promoters on preferential basis
- Shares are ranking pari-passu with existing equity shares
- Distribution numbers: 31346154 to 32946153
- ISIN: INE590L01019
- Date of allotment: August 13, 2025
- Trading permitted from April 27, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification for newly allotted securities.
Compliance Requirements
Trading members are informed to note the listing and permit trading in these securities from April 27, 2026 onwards. The shares are subject to a lock-in period and cannot be traded until November 30, 2027.
Important Dates
- Date of Allotment: August 13, 2025
- Trading Commencement: April 27, 2026
- Lock-in Expiry: November 30, 2027
Impact Assessment
Limited market impact. The 16,00,000 shares are subject to lock-in until November 30, 2027, meaning they will not be available for trading in the near term. The listing is administrative in nature, formalising the allotment made to promoters in August 2025. No immediate liquidity effect on the broader market is expected.
Impact Justification
Routine listing of preferentially allotted shares to promoters with lock-in; no broader market or regulatory impact beyond the specific company.