Description
NSE announces listing of 499,950 additional equity shares of Continental Seeds and Chemicals Limited on SME EMERGE platform effective August 13, 2025.
Summary
NSE has approved the listing of 499,950 additional equity shares of Continental Seeds and Chemicals Limited on the SME EMERGE platform. The shares were issued under preferential allotment at Rs. 29 per share and will commence trading on August 13, 2025.
Key Points
- 499,950 equity shares of Rs. 10 face value each to be listed
- Issue price: Rs. 29 per share
- Allotment date: May 26, 2025
- Trading symbol: CONTI
- Market lot size: 3,333 shares
- ISIN: INE340Z01019
- Distinctive number range: 12702539 to 13202488
Regulatory Changes
No regulatory changes introduced in this circular.
Compliance Requirements
- Trading members must use designated security codes for trading
- Trading must be conducted in specified lot sizes of 3,333 shares
- Lock-in period applies until February 19, 2027
Important Dates
- Effective Date: August 13, 2025 - Trading commencement
- Allotment Date: May 26, 2025
- Lock-in Expiry: February 19, 2027
Impact Assessment
Minimal market impact as this involves listing of additional shares for an existing SME company. The preferential issue increases the company’s equity base and provides additional liquidity for trading on the SME platform.
Impact Justification
Routine listing of additional shares for SME company with limited market impact