Simplex Infrastructures Limited has informed the Exchange about General Updates
SIMPLEXINF · price
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Awaiting price reaction for this filing.
Simplex Infrastructures has received in-principle listing approval from NSE for 1,00,84,027 equity shares of Rs. 2 each that were allotted on a preferential basis. The shares carry distinctive numbers from 57772821 to 67856847. NSE granted the approval on May 5, 2025, and the shares will be admitted to trading once NSDL/CDSL confirms credit to beneficiary accounts. The preferential allotment itself had already taken place earlier; this filing is a routine procedural update confirming exchange approval to list those shares. Existing shareholders should note that these shares will eventually become tradable, which could increase the floating supply.
No immediate price impact expected from this announcement itself, as it is procedural. However, once these ~1 crore shares begin trading, it will increase the share supply in the market, which could put mild short-term pressure on the stock price depending on who the allottees are.