Mahickra-Chemicals - Stock Market Circularshttps://rhnvrm.github.io/stock-market-circulars/tags/mahickra-chemicals/Regulatory circulars from NSE, BSE, and SEBI with AI-powered summariesHugo -- gohugo.ioen-usFri, 24 Apr 2026 00:00:00 +0000Listing of Further Issues of Securities - Mahickra Chemicals Limited (SME EMERGE)https://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-04-24-7b1ba1c2013cd9ba-listing-of-further-issues-of-securities/Fri, 24 Apr 2026 00:00:00 +0530https://rhnvrm.github.io/stock-market-circulars/circulars/nse/2026/nse-2026-04-24-7b1ba1c2013cd9ba-listing-of-further-issues-of-securities/NSE notifies listing of 1,653,750 additional equity shares of Mahickra Chemicals Limited on the SME EMERGE platform, effective April 27, 2026, allotted on a preferential basis at Rs. 157 per share.nselistinglowlowlow7b1ba1c2013cd9bahttps://nsearchives.nseindia.com/content/circulars/CML73893.pdfMAHICKRAlistingsme-emergefurther-issuepreferential-allotmentmahickra-chemicalsMAHICKRAequity-shareslock-inSummary

NSE has notified the listing of further issues of securities for Mahickra Chemicals Limited on the SME EMERGE platform (Capital Market segment) effective April 27, 2026. A total of 1,653,750 equity shares allotted on a preferential basis at Rs. 157 per share (face value Rs. 10) have been admitted to dealings under the symbol MAHICKRA, Series SM.

Key Points

  • Symbol: MAHICKRA, Series: SM on NSE SME EMERGE
  • ISIN: INE961Y01015 (temporary IN8 ISIN credited per SEBI circular until activation)
  • 1,653,750 equity shares of Rs. 10 face value allotted at issue price of Rs. 157 on preferential basis
  • Distinctive number range: 8,122,161 to 9,775,910
  • Market lot size: 750 shares
  • Shares rank pari passu with existing equity shares
  • Lock-in on allotted shares until November 30, 2026

Regulatory Changes

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

Compliance Requirements

  • Trading members must use the designated security code (MAHICKRA, Series SM) for all trades in these securities.
  • Trading must be conducted in the specified market lot size of 750 shares.
  • Shares are subject to lock-in restrictions until November 30, 2026, and cannot be traded during this period.
  • The temporary ISIN (IN8*) will remain until the permanent ISIN (INE961Y01015) is activated per SEBI circulars CIR/MRD/DP/21/2012 and CIR/MRD/DP/24/2012.

Important Dates

  • Date of Allotment: March 14, 2026
  • Effective Date for Trading: April 27, 2026
  • Lock-in Expiry: November 30, 2026

Impact Assessment

This circular has low broader market impact as it pertains to a small-cap SME EMERGE listed company. The preferential allotment of ~1.65 million shares increases the total share count of Mahickra Chemicals Limited. Investors holding or tracking MAHICKRA should note the lock-in period restricting sale of these newly allotted shares until end of November 2026. The addition of new shares may have a marginal dilutive effect on existing shareholders.

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