Key Quantitative Figures

  • Number of shares: 1,26,47,400 equity shares
  • Face value: ₹10 per share
  • Issue price: Not less than ₹66 per equity share
  • Maximum issue size: ₹83.47 crore (1,26,47,400 shares × ₹66)
  • Share issuance mechanism: Pursuant to share swap arrangement

Parties Involved

  • Issuer: Harmony Capital Services Limited
  • Regulatory authority: BSE Limited
  • Allottees: Promoters and non-promoters

Compliance Requirements Mandated by BSE

  • Strengthen internal controls to monitor trades by proposed allottees
  • Obtain undertaking from allottees confirming no intra-day trading or sale in company scrip until allotment date
  • Responsibility solely on issuer company to verify compliance with Regulation 167(6) of SEBI ICDR regulations
  • Any non-compliances may impact listing of shares
  • Must apply for listing within 20 days from date of allotment as per SEBI circular
  • Listing application must be made with applicable fees under Regulation 14 of LODR Regulations

Conditions and Reservations

  • In-principle approval does not constitute approval for listing of securities
  • Exchange reserves right to withdraw approval if information is incomplete/incorrect/misleading/false
  • Approval contingent on compliance with all applicable rules, regulations, and statutory approvals

Additional Notes

  • The preferential issue is being conducted through share swap mechanism
  • Depositories will automatically release excess lock-in period of pre-preferential holding without requiring NOC from Exchange
  • Financial impact not quantified in the disclosure beyond the potential issue size