Description

BSE notifies listing and trading permission for 13,38,000 new equity shares of Bizotic Commercial Limited (Scrip Code 543926) issued on preferential basis via warrant conversion, effective May 19, 2026.

Summary

BSE has notified trading members that 13,38,000 new equity shares of Bizotic Commercial Limited (Scrip Code: 543926) are listed and permitted to trade on the Exchange with effect from Tuesday, May 19, 2026. These shares were issued to Promoters on a preferential basis pursuant to conversion of warrants.

Key Points

  • 13,38,000 equity shares of Rs. 10/- each issued at a premium of Rs. 280/- (issue price Rs. 290/-)
  • Shares issued to Promoters on a preferential basis via conversion of warrants
  • New shares rank pari-passu with existing equity shares
  • ISIN: INE0OJ401014
  • Distribution numbers: 8040001 to 9378000
  • All 13,38,000 new shares are subject to lock-in until December 30, 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 of the new securities and their eligibility for trading from May 19, 2026
  • Lock-in restrictions apply to all 13,38,000 shares (Dist. Nos. 8040001 to 9378000) until December 30, 2027; these shares cannot be traded during the lock-in period

Important Dates

  • Allotment Date: March 30, 2026
  • Trading Effective Date: May 19, 2026 (Tuesday)
  • Lock-in Expiry: December 30, 2027

Impact Assessment

The impact on the broader market is minimal as this is a company-specific listing event. All newly listed shares are under promoter lock-in until December 2027, meaning they will not be available for open market trading in the near term. The preferential allotment increases total shares outstanding for Bizotic Commercial Limited, which may have a dilutive effect on existing shareholders. The issue price of Rs. 290/- per share provides a reference point for market valuation.

Impact Justification

Routine listing of new shares from preferential allotment via warrant conversion for a single company; shares are under lock-in until December 2027, limiting immediate market impact.