Crown Lifters Limited has informed the Exchange about Intimation of receipt of Trading Approval from Stock Exchanges pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015
CROWN · price
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Awaiting price reaction for this filing.
Crown Lifters Limited has received trading approval from NSE for 3,14,156 equity shares that were allotted upon conversion of warrants issued on a preferential basis. These shares have a face value of Rs. 10 each and were issued at a price of Rs. 268 per share (including a premium of Rs. 258). The shares will start trading on NSE under the symbol CROWN in the EQ series from March 13, 2026. The shares are subject to a lock-in period ending on September 14 and 15, 2026. The new shares will be in distinctive number ranges 11275845-11510000 and 11510001-11590000.
This is a dilution event — 3,14,156 new shares will enter the market from March 13, 2026, though they are locked-in until mid-September 2026. Existing shareholders will see their stake percentage reduced, and once the lock-in expires, these shares could add selling pressure on the stock.