Description

BSE lists 23,25,000 new equity shares of Clenon Enterprises Ltd. for trading effective April 27, 2026, allotted to non-promoters pursuant to an NCLT-approved Resolution Plan.

Summary

BSE has notified market participants that 23,25,000 equity shares of Clenon Enterprises Ltd. (Scrip Code: 517564, ISIN: INE769B01028) are listed and permitted for trading on the Exchange effective Monday, April 27, 2026. These shares were allotted to non-promoters pursuant to a Resolution Plan approved by the Hon’ble National Company Law Tribunal (NCLT), Hyderabad Bench.

Key Points

  • 23,25,000 equity shares of Rs. 10/- each are newly listed on BSE
  • Shares allotted to non-promoters under NCLT-approved Resolution Plan (order dated March 24, 2023)
  • Distribution numbers: 8615317 to 10940316
  • Date of allotment: December 30, 2025
  • Issue price: Rs. 10/- per share
  • New shares rank pari-passu with existing equity shares of the Company
  • All 23,25,000 shares are subject to lock-in until April 30, 2027

Regulatory Changes

No new regulatory changes. This is a standard listing notification pursuant to an existing NCLT Resolution Plan order dated March 24, 2023.

Compliance Requirements

  • Market participants are informed of the new listing for awareness and record-keeping
  • Lock-in restrictions must be observed: all 23,25,000 shares (Dist. Nos. 8615317 to 10940316) are locked in until April 30, 2027 and cannot be traded during this period

Important Dates

  • NCLT Order Date: March 24, 2023
  • Date of Allotment: December 30, 2025
  • Effective Trading Date: April 27, 2026 (Monday)
  • Lock-in Expiry: April 30, 2027

Impact Assessment

The listing has limited immediate market impact as all newly listed shares are under lock-in until April 30, 2027. Post lock-in expiry, 23,25,000 additional shares will become freely tradeable, which could modestly increase the floating stock of Clenon Enterprises Ltd. The shares were issued at Rs. 10/- face value as part of a debt resolution process under NCLT supervision.

Impact Justification

Routine listing notification for new equity shares issued under an NCLT resolution plan. Limited market impact as shares are locked in until April 30, 2027 and pari-passu with existing shares.