BSE has listed 35,00,000 new equity shares of Lords Chloro Alkali Ltd (Scrip Code: 500284) effective Thursday, April 23, 2026. These shares were issued at a premium of Rs. 112/- (issue price Rs. 122/-) on a preferential basis to Promoters and Non-Promoters pursuant to conversion of warrants. The new shares rank pari-passu with existing equity shares.

Key Points

• 35,00,000 equity shares of Rs. 10/- each issued at a premium of Rs. 112/- (total issue price Rs. 122/-)
• Allotment date: February 9, 2026
• Shares permitted to trade effective April 23, 2026
• Distribution numbers: 25153862 to 28653861
• ISIN: INE846D01012
• Issued to Promoters and Non-Promoters via preferential allotment on conversion of warrants
• All new shares rank pari-passu with existing equity shares

Regulatory Changes

No new regulatory changes. This is a standard listing notification under BSE’s Listing Operations for new securities admitted to trading.

Compliance Requirements

• Trading members are informed to allow trading of the new securities from April 23, 2026
• Lock-in restrictions must be observed per the details below; locked-in shares are not freely tradeable until the respective lock-in expiry dates

Important Dates

• Allotment Date: February 9, 2026
• Trading Commencement: April 23, 2026
• Lock-in Expiry Dates:
  • 1,800,000 shares (Dist. Nos. 25153862–26953861): locked until November 1, 2027
  • 450,000 shares (Dist. Nos. 26953862–27403861): locked until October 31, 2027
  • 450,000 shares (Dist. Nos. 27403862–27853861): locked until November 1, 2027
  • 150,000 shares (Dist. Nos. 27853862–28003861): locked until October 31, 2026
  • 650,000 shares (Dist. Nos. 28003862–28653861): locked until November 1, 2026

Impact Assessment

The listing adds 35 lakh shares to the tradeable pool of Lords Chloro Alkali Ltd, though a significant portion (approximately 34.3 lakh out of 35 lakh shares) are subject to lock-in until late 2026 or 2027, limiting immediate market impact on liquidity. The preferential allotment at Rs. 122/- per share represents a fundraising event via warrant conversion. Existing shareholders may see minor dilution. The free-float increase from these shares will be gradual as lock-ins expire.