Date: June 23, 2026
Preferential Share Issuance and Listing Approval
Balrampur Chini Mills Limited has received listing approval from both National Stock Exchange of India Limited (NSE) and BSE Limited for 93,16,771 (Ninety Three Lakh Sixteen Thousand Seven Hundred Seventy One) equity shares of face value ₹1 each issued on preferential basis.
The shares were issued at a price of ₹483 per equity share, consisting of ₹1 face value and ₹482 premium per share. The issuance was made to both promoters and non-promoters for cash consideration.
Regulatory Approvals Received
NSE Approval:
- Reference Number: NSE/LIST/55707
- Date: June 23, 2026
- Distinctive numbers: 260649654 to 269966424
- Approval granted as "in-principle approval" for listing
BSE Approval:
- Reference Number: LO/PREF/TT/IP/429/2026-27
- Date: June 23, 2026
- Distinctive numbers: 260649654 to 269966424
- Full listing approval granted
Conditions for Trading Approval
The company must fulfill the following conditions before trading approval is granted:
1. File listing approval from NSE (if applicable)
2. Submit confirmation letters from NSDL/CDSL about crediting shares to beneficiary accounts
3. Submit confirmation letters from NSDL/CDSL about lock-in of pre-preferential holding (if applicable)
4. Apply for trading approval within seven working days from grant of listing approval as per SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023
Regulatory Compliance Requirements
The company must ensure compliance with:
- Regulation 167 of SEBI (ICDR) Regulations
- SEBI LODR Regulations, 2015 - Regulation 31(1)(c) for filing shareholding pattern in XBRL mode for changes exceeding 2% of total paid-up share capital
- Schedule XIX of ICDR Regulations
- SEBI circular dated June 21, 2023 regarding trading approval timelines