Description
BSE lists 33,444 new equity shares of W.S. Industries (India) Ltd. (Scrip Code 504220) issued on preferential basis via warrant conversion, effective May 14, 2026.
Summary
BSE has listed 33,444 new equity shares of W.S. Industries (India) Ltd. (Scrip Code: 504220, ISIN: INE100D01014) issued to Non-Promoters on a preferential basis through conversion of warrants. These shares are permitted to trade on the Exchange with effect from Thursday, May 14, 2026.
Key Points
- 33,444 equity shares of Rs. 10/- each issued at a premium of Rs. 139.50/- (issue price Rs. 149.50/-)
- Issued to Non-Promoters on a preferential basis pursuant to conversion of warrants
- Distribution numbers: 75861875 to 75895318
- Shares rank pari-passu with existing equity shares of the company
- Lock-in applies on all 33,444 shares until November 29, 2027
Regulatory Changes
No regulatory changes. This is a standard listing notification under BSE’s listing operations for newly issued securities.
Compliance Requirements
Trading members are informed that the new securities are listed and available for trading from May 14, 2026. The allotted shares are subject to a lock-in period and cannot be traded by the allottees until November 29, 2027.
Important Dates
- Allotment Date: March 4, 2026
- Trading Commencement: May 14, 2026
- Lock-in Expiry: November 29, 2027
Impact Assessment
Minimal market impact. The allotment of 33,444 shares is a small addition to W.S. Industries (India) Ltd.’s equity base. The full lock-in on these shares until November 2027 limits any near-term selling pressure. Relevant primarily to existing shareholders and trading members dealing in Scrip Code 504220.
Impact Justification
Routine listing of a small preferential allotment (33,444 shares) for a single company with no broad market impact.