Description
BSE lists 6,01,04,119 new equity shares of Corporate Merchant Bankers Limited issued on a preferential basis to Non-Promoters at Rs. 16.08/- per share, effective May 13, 2026, with lock-in until November 30, 2026.
Summary
BSE has listed 6,01,04,119 new equity shares of Corporate Merchant Bankers Limited (Scrip Code: 540199, ISIN: INE850R01014), issued at Rs. 16.08/- per share (face value Rs. 10/- + premium of Rs. 6.08/-) to Non-Promoters on a preferential basis. Trading in these shares is permitted effective Wednesday, May 13, 2026.
Key Points
- Company: Corporate Merchant Bankers Limited (Scrip Code: 540199)
- ISIN: INE850R01014
- New Shares Listed: 6,01,04,119 equity shares of Rs. 10/- each
- Issue Price: Rs. 16.08/- per share (face value Rs. 10/- + premium Rs. 6.08/-)
- Allottees: Non-Promoters, on a preferential basis
- Distribution Numbers: 3300001 to 63404119
- Pari-passu: New shares rank pari-passu with existing equity shares
- Trading Effective: Wednesday, May 13, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification pursuant to preferential allotment of equity shares.
Compliance Requirements
- Trading members are informed to permit trading of the newly listed shares from May 13, 2026 onwards.
- The allotted shares are subject to a lock-in period and cannot be traded until the lock-in expires.
Important Dates
- Date of Allotment: November 27, 2025
- Trading Commencement: May 13, 2026
- Lock-in Expiry: November 30, 2026 (for all 6,01,04,119 shares, Dist. Nos. 3300001–63404119)
Impact Assessment
This listing introduces approximately 6.01 crore new equity shares into the market for Corporate Merchant Bankers Limited. However, all newly listed shares are under lock-in until November 30, 2026, meaning no additional supply will enter the tradeable float immediately. Market impact is minimal in the near term. Post lock-in expiry, a significant number of shares may become available for trading, which could affect the stock’s liquidity and price dynamics.
Impact Justification
Routine listing of new equity shares issued on a preferential basis for a single mid/small-cap company; no regulatory changes or broad market implications.