Description
BSE lists 2,28,000 new equity shares of LE LAVOIR LIMITED (Scrip Code: 539814) effective May 6, 2026, issued on a preferential basis via conversion of warrants at Rs. 264.75 per share.
Summary
BSE has listed 2,28,000 new equity shares of LE LAVOIR LIMITED (Scrip Code: 539814) effective Wednesday, May 6, 2026. The shares were issued to Non-Promoters on a preferential basis pursuant to the conversion of warrants at an issue price of Rs. 264.75 per share (face value Rs. 10 + premium of Rs. 254.75).
Key Points
- 2,28,000 equity shares of Rs. 10/- each issued at a premium of Rs. 254.75 (issue price Rs. 264.75/-)
- Issued to Non-Promoters on a preferential basis via conversion of warrants
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 3240001 to 3468000
- ISIN: INE204S01012
- All 2,28,000 shares are subject to lock-in until 29 November 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification under BSE’s Listing Operations for newly allotted securities.
Compliance Requirements
Trading members of BSE are informed that these securities are now listed and permitted to trade effective May 6, 2026. The lock-in restrictions apply to all 2,28,000 shares (dist. nos. 3240001 to 3468000) until November 29, 2026, during which period these shares cannot be traded.
Important Dates
- Date of Allotment: 30 March 2026
- Listing / Trading Effective Date: Wednesday, 6 May 2026
- Lock-in Expiry Date: 29 November 2026
Impact Assessment
This is a routine preferential allotment listing for LE LAVOIR LIMITED, a small-cap company. The 2,28,000 newly listed shares represent a modest addition to the company’s equity capital. Since all new shares are under lock-in until November 29, 2026, there is no immediate increase in free-float, limiting near-term market impact. Existing shareholders may note a minor dilutive effect from the preferential issuance to non-promoters.
Impact Justification
Routine listing of new equity shares issued on preferential basis via warrant conversion for a small-cap company; limited broader market impact.