BSE has notified trading members that 40,00,000 new equity shares of Rs. 10/- each of Western Ministil Ltd. (Scrip Code: 504998, ISIN: INE187U01015), issued at par to non-promoters on a preferential basis, are listed and permitted to trade on the Exchange with effect from Wednesday, May 20, 2026. These shares rank pari-passu with the existing equity shares of the company.

Key Points

• 40,00,000 equity shares of Rs. 10/- face value issued at par (Issue Price: Rs. 10/-) to non-promoters via preferential allotment
• Shares admitted to trading on BSE effective May 20, 2026
• Distribution Numbers: 2157187 to 6157186 (total 40,00,000 shares)
• Date of Allotment: February 16, 2026
• All new shares rank pari-passu with existing equity shares
• Two tranches carry different lock-in periods

Regulatory Changes

No new regulatory changes. This is a standard listing notification under BSE’s Listing Operations procedures for newly allotted securities.

Compliance Requirements

• Trading members must note the new securities and their respective lock-in details before executing trades
• Locked-in shares are not eligible for sale/transfer until respective lock-in expiry dates
• ISIN INE187U01015 applicable for all 40,00,000 newly listed shares

Important Dates

• Date of Allotment: February 16, 2026
• Trading Commencement: May 20, 2026
• Lock-in Expiry (Tranche 1 — 12,31,438 shares, Dist. Nos. 2157187–3388624): December 30, 2027
• Lock-in Expiry (Tranche 2 — 27,68,562 shares, Dist. Nos. 3388625–6157186): December 30, 2026

Impact Assessment

The listing adds 40,00,000 shares to the tradeable equity of Western Ministil Ltd., though a significant portion (12,31,438 shares) remains locked in until end of 2027 and the balance (27,68,562 shares) until end of 2026. The immediate free-float addition is nil since all newly listed shares are subject to lock-in. Market impact is minimal in the short term; dilution effect on existing shareholders becomes relevant only as lock-ins expire in late 2026 and 2027.