Description

BSE lists 1,39,90,000 new equity shares of V R Woodart Ltd issued on preferential basis at Rs. 22/- per share, effective April 29, 2026. Shares are subject to lock-in periods extending to November 2026 and November 2027.

Summary

BSE has notified trading members that 1,39,90,000 new equity shares of V R Woodart Ltd (Scrip Code: 523888, ISIN: INE317D01014) are listed and permitted to trade on the Exchange with effect from Wednesday, April 29, 2026. The shares were issued on a preferential basis to Promoter and Non-Promoter at an issue price of Rs. 22/- per share (face value Rs. 10/- with a premium of Rs. 12/-).

Key Points

  • Company: V R Woodart Ltd
  • Scrip Code: 523888
  • ISIN: INE317D01014
  • New Shares Listed: 1,39,90,000 equity shares of Rs. 10/- each
  • Issue Price: Rs. 22/- per share (Rs. 10/- face value + Rs. 12/- premium)
  • Allotment Type: Preferential basis to Promoter and Non-Promoter
  • Allotment Date: November 11, 2025
  • Distribution Numbers: 14891807 to 28881806
  • Pari-passu: New shares rank pari-passu with existing equity shares
  • Effective Trading Date: April 29, 2026

Regulatory Changes

No new regulatory changes. This is a standard listing notice pursuant to a preferential allotment already approved and completed.

Compliance Requirements

  • Trading members must note the new share listing effective April 29, 2026
  • Lock-in restrictions must be observed as per the details below; locked-in shares are not freely tradable until the respective lock-in expiry dates

Important Dates

  • Allotment Date: November 11, 2025
  • Effective Listing/Trading Date: April 29, 2026
  • Lock-in Expiry (Tranche 1 – 28,88,180 shares, dist. 1,48,91,807–1,77,79,986): November 30, 2027
  • Lock-in Expiry (Tranche 2 – 33,21,820 shares, dist. 1,77,79,987–2,11,01,806): November 30, 2026
  • Lock-in Expiry (Tranche 3 – 28,88,181 shares, dist. 2,11,01,807–2,39,89,987): November 30, 2027
  • Lock-in Expiry (Tranche 4 – 48,91,819 shares, dist. 2,39,89,988–2,88,81,806): November 30, 2026

Impact Assessment

The listing increases the total tradable equity base of V R Woodart Ltd, though a significant portion remains subject to lock-in until November 2026 and November 2027. The preferential allotment at Rs. 22/- per share expands promoter and non-promoter holdings. Impact is limited to existing shareholders and traders active in this scrip; broader market impact is negligible given the small-cap nature of the company.

Impact Justification

Routine listing of preferentially allotted shares for a small-cap company; primarily relevant to existing shareholders and trading members dealing in this scrip.