Description
BSE notifies listing of 5,00,000 new equity shares of Chemtech Industrial Valves Limited (Scrip Code 537326) issued on preferential basis via warrant conversion, effective May 14, 2026.
Summary
BSE has notified trading members that 5,00,000 new equity shares of Chemtech Industrial Valves Limited (Scrip Code: 537326, ISIN: INE212P01011) are listed and permitted to trade on the Exchange with effect from Thursday, May 14, 2026. These shares were issued to Promoters on a preferential basis pursuant to the conversion of warrants.
Key Points
- 5,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 190/- (issue price Rs. 200/-)
- Issued to Promoters on preferential basis via conversion of warrants
- New shares rank pari-passu with existing equity shares
- Distribution numbers: 17937334 to 18437333
- Trading permitted from May 14, 2026
Regulatory Changes
No new regulatory changes introduced. This is a standard listing notification under BSE’s Listing Operations department.
Compliance Requirements
Trading members are informed of the new securities and may trade them from May 14, 2026 onwards. No additional compliance action required from trading members.
Important Dates
- Date of Allotment: March 27, 2026
- Trading Effective Date: May 14, 2026
- Lock-in Expiry: December 15, 2027 (all 5,00,000 shares, Dist. Nos. 17937334 to 18437333 are under lock-in)
Impact Assessment
The listing adds 5,00,000 shares to the tradable float for Chemtech Industrial Valves Limited; however, all newly listed shares are subject to lock-in until December 15, 2027, meaning no immediate increase in free-float. Market impact is minimal and confined to this single scrip.
Impact Justification
Routine listing of new shares from preferential allotment via warrant conversion for a small-cap company; no broad market or regulatory impact.