Description

BSE notifies listing and trading permission for 8,59,600 new equity shares of HIM TEKNOFORGE LIMITED issued on preferential basis via conversion of warrants, effective May 14, 2026.

Summary

BSE has notified trading members that 8,59,600 new equity shares of HIM TEKNOFORGE LIMITED (Scrip Code: 505712, ISIN: INE705G01021) are listed and permitted to trade on the Exchange with effect from Thursday, May 14, 2026. These shares were issued at Rs. 175/- per share (face value Rs. 2/- plus premium of Rs. 173/-) to Promoters and Non-Promoters on a preferential basis pursuant to conversion of warrants.

Key Points

  • 8,59,600 equity shares of Rs. 2/- face value issued at Rs. 175/- per share (Rs. 173/- premium)
  • Issued to Promoters and Non-Promoters on preferential basis via conversion of warrants
  • Shares rank pari-passu with existing equity shares of the company
  • Distribution numbers: 10036702 to 10896301
  • Date of allotment: March 14, 2026
  • Trading permitted from May 14, 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 are informed to note the new securities available for trading from May 14, 2026
  • Lock-in restrictions must be observed: 8,00,000 shares are locked in until November 15, 2027, and 59,600 shares are locked in until November 15, 2026

Important Dates

  • Date of Allotment: March 14, 2026
  • Trading Commencement: May 14, 2026
  • Lock-in Expiry (59,600 shares, dist. nos. 10836702–10896301): November 15, 2026
  • Lock-in Expiry (8,00,000 shares, dist. nos. 10036702–10836701): November 15, 2027

Impact Assessment

This is a routine listing event with limited market impact. The addition of 8,59,600 shares represents a modest increase in the tradable float of HIM TEKNOFORGE LIMITED. The majority of the newly issued shares (8,00,000) are subject to an approximately 18-month lock-in until November 2027, significantly limiting near-term supply pressure. Only 59,600 shares will be freely tradable after November 2026. Overall market or sector impact is negligible.

Impact Justification

Routine listing notice for a small preferential allotment at a single mid-cap company; no systemic or market-wide regulatory change involved.