Description

NSE notifies listing of 450,000 equity shares of Dhariwalcorp Limited on SME EMERGE platform, issued pursuant to conversion of warrants on preferential basis.

Summary

NSE has admitted 450,000 equity shares of Dhariwalcorp Limited for trading on the SME EMERGE platform effective January 30, 2026. These shares were allotted on November 26, 2025, pursuant to conversion of warrants issued on preferential basis at an issue price of Rs. 153.49 per share.

Key Points

  • 450,000 equity shares of face value Rs. 10 each admitted to trading
  • Trading symbol: DHARIWAL on SME EMERGE platform
  • ISIN: INE0YRN01017 (Series: SM)
  • Issue price: Rs. 153.49 per share
  • Date of allotment: November 26, 2025
  • Distinctive number range: 8951401 to 9401400
  • Market lot size: 600 shares
  • Shares are pari passu with existing equity shares
  • Shares allotted in dematerialized mode under temporary ISIN (IN8*********)

Regulatory Changes

No regulatory changes. This is a routine listing notification under Regulation 3.1.1 and 2.5.5 of NSE Capital Market Trading Regulations Part A.

Compliance Requirements

  • Trading members to use designated security code (DHARIWAL) and ISIN for trading
  • Trading to be conducted in specified lot size of 600 shares
  • Lock-in restrictions apply as per Annexure A

Important Dates

  • Date of Allotment: November 26, 2025
  • Effective Trading Date: January 30, 2026
  • Lock-in Expiry Dates:
    • 70,000 shares (DN 9331401-9401400): July 30, 2026
    • 293,720 shares (DN 9037681-9331400): July 31, 2026
    • 86,280 shares (DN 8951401-9037680): July 31, 2027

Impact Assessment

Minimal market impact. This is a routine listing of additional shares on the SME platform following warrant conversion. The shares have varying lock-in periods with the longest extending to July 2027, limiting immediate supply. The preferential allotment nature and lock-in restrictions suggest limited liquidity impact on the stock in the near term.

Impact Justification

Routine listing of additional shares from warrant conversion on SME platform with minimal market-wide impact