Description
BSE notifies listing of 60,952 new equity shares of Rex Sealing and Packing Industries Limited (Scrip Code: 543744) issued on a preferential basis via warrant conversion, effective May 13, 2026.
Summary
BSE has notified trading members that 60,952 new equity shares of Rex Sealing and Packing Industries Limited (Scrip Code: 543744, ISIN: INE0MFT01014) have been listed and are permitted to trade on the Exchange effective Wednesday, May 13, 2026. These shares were issued at a premium to Non-Promoters on a preferential basis pursuant to the conversion of warrants.
Key Points
- 60,952 equity shares of Rs. 10/- each issued at a premium of Rs. 200/- (issue price Rs. 210/-) to Non-Promoters on a preferential basis.
- Shares rank pari-passu with existing equity shares of the company.
- Distribution numbers: 2474001 to 2534952.
- Date of allotment: 20 February 2026.
- ISIN: INE0MFT01014.
- All 60,952 shares are subject to lock-in until 30 November 2026.
Regulatory Changes
No new regulatory changes. This is a standard listing notice under BSE’s Listing Operations for newly allotted securities.
Compliance Requirements
- Trading members are informed that these securities are now eligible for trading from May 13, 2026.
- The locked-in shares (2474001 to 2534952) cannot be traded until the lock-in expiry date of 30 November 2026.
Important Dates
- Allotment Date: 20 February 2026
- Trading Commencement: 13 May 2026
- Lock-in Expiry: 30 November 2026
Impact Assessment
The listing is limited in market impact given the small size of the allotment (60,952 shares at Rs. 210/- each, totalling approximately Rs. 1.28 crore). All newly listed shares are under lock-in until November 2026, so no immediate free-float addition is expected. Existing shareholders face minimal dilution. This is a routine corporate action with no broader market or regulatory implications.
Impact Justification
Routine listing of a small preferential allotment (60,952 shares) for a single company; no broad market or regulatory impact.