Description
NSE announces listing of 1.2 million equity shares of Divine Power Energy Limited on SME EMERGE platform effective August 1, 2025.
Summary
NSE has notified the listing of 1.2 million additional equity shares of Divine Power Energy Limited (DPEL) on the SME EMERGE platform. These shares were allotted on preferential basis at Rs. 136 per share with face value of Rs. 10 each.
Key Points
- 1,200,000 equity shares to be listed on SME EMERGE platform
- Trading symbol: DPEL
- ISIN: INE0SCO01019 (temporary)
- Issue price: Rs. 136 per share
- Market lot size: 1,500 shares
- Shares are pari passu with existing equity shares
Regulatory Changes
No regulatory changes introduced. Standard listing process following NSE Capital Market Trading Regulations Part A.
Compliance Requirements
- Securities identified by designated codes for trading purposes
- Trading must be conducted in specified lot sizes of 1,500 shares
- Shares currently under temporary ISIN pending activation as per SEBI guidelines
Important Dates
- Allotment Date: July 1, 2025
- Listing Effective Date: August 1, 2025
- Lock-in Expiry Date: January 31, 2026
- Circular Effective Date: August 1, 2025
Impact Assessment
Minimal market impact as this involves routine listing of additional shares for a single SME company. The preferential allotment increases the company’s paid-up capital and provides liquidity to new shareholders after the lock-in period expires.
Impact Justification
Routine listing of additional shares for single SME company with limited market impact