Description
BSE lists 75,150 new equity shares of Shree Pacetronix Ltd issued to Promoters on a preferential basis via warrant conversion, effective May 15, 2026.
Summary
BSE has listed 75,150 new equity shares of Shree Pacetronix Ltd (Scrip Code: 527005) arising from the conversion of warrants. These shares were issued to Promoters on a preferential basis at an issue price of Rs. 81/- per share (face value Rs. 10/- at a premium of Rs. 71/-) and are permitted to trade on BSE with effect from Friday, May 15, 2026.
Key Points
- 75,150 equity shares of Rs. 10/- each issued at a premium of Rs. 71/- (issue price Rs. 81/-)
- Issued to Promoters on a preferential basis pursuant to conversion of warrants
- Distribution numbers: 3674551 to 3749700
- ISIN: INE847D01010
- Shares rank pari-passu with existing equity shares of the company
- All 75,150 shares are subject to lock-in until December 14, 2027
Regulatory Changes
No regulatory changes introduced. This is a routine listing notice under BSE’s Listing Operations for new securities arising from a preferential allotment.
Compliance Requirements
- Trading members are informed that these securities are now listed and permitted to trade from May 15, 2026
- Lock-in restriction applies: all 75,150 shares (Dist. Nos. 3674551 to 3749700) are locked in until December 14, 2027 and cannot be traded during this period
Important Dates
- Date of Allotment: March 20, 2026
- Effective Trading Date: May 15, 2026 (Friday)
- Lock-in Expiry: December 14, 2027
Impact Assessment
The listing adds 75,150 shares to the tradable float of Shree Pacetronix Ltd, though the practical impact on market liquidity is negligible given the lock-in until December 2027 means none of these shares can be traded immediately. The preferential allotment to Promoters slightly increases promoter shareholding. Existing shareholders should note the minor dilution effect from this warrant conversion.
Impact Justification
Routine listing of a small preferential allotment (75,150 shares) to promoters via warrant conversion; minimal broader market impact, though relevant to existing Shree Pacetronix shareholders.