Description

BSE notifies listing and trading of 10,18,300 new equity shares of Simran Farms Ltd. (Scrip Code 519566) issued on preferential basis through conversion of warrants, effective May 12, 2026.

Summary

BSE has notified trading members that 10,18,300 new equity shares of Simran Farms Ltd. (Scrip Code: 519566, ISIN: INE354D01017) are listed and permitted to trade on the Exchange effective Tuesday, May 12, 2026. The shares were issued on a preferential basis to Promoter and Non-Promoter allottees pursuant to the conversion of warrants at an issue price of Rs. 155/- per share (face value Rs. 10/- + premium Rs. 145/-).

Key Points

  • 10,18,300 equity shares of Rs. 10/- each issued at a premium of Rs. 145/- (issue price Rs. 155/-)
  • Allotment made to Promoter and Non-Promoter on a preferential basis via conversion of warrants
  • New shares rank pari-passu with existing equity shares of the company
  • Distribution Numbers: 3791701 to 4810000
  • Date of Allotment: 30 March 2026
  • ISIN: INE354D01017
  • Effective trading date: May 12, 2026

Regulatory Changes

No new regulatory changes. This is a standard listing notification under BSE’s Listing Operations for securities issued on a preferential basis following warrant conversion.

Compliance Requirements

  • Trading members are informed to note the new securities and their lock-in restrictions before executing trades
  • 6,18,300 shares (Dist. Nos. 3791701 to 4410000) are subject to lock-in until 21 November 2027
  • 4,00,000 shares (Dist. Nos. 4410001 to 4810000) are subject to lock-in until 21 November 2026
  • Lock-in shares are not freely tradable until respective lock-in expiry dates

Important Dates

  • Date of Allotment: 30 March 2026
  • Effective Trading Date: 12 May 2026
  • Lock-in Expiry (4,00,000 shares): 21 November 2026
  • Lock-in Expiry (6,18,300 shares): 21 November 2027

Impact Assessment

The listing adds 10,18,300 shares to the tradable float of Simran Farms Ltd., representing a preferential allotment at Rs. 155/- per share. However, the effective free-float addition is limited in the near term due to lock-in restrictions covering all newly listed shares until at least November 2026. Market impact is expected to be minimal given the lock-in constraints and the routine nature of this warrant-conversion listing.

Impact Justification

Routine listing notice for a small preferential allotment via warrant conversion in a mid/small-cap company; lock-in restrictions limit near-term trading impact on the new shares.