Trading approval for 13.7 lakh preferential shares
SPECTRUM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.6 pts less than its Industrial Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Spectrum Electrical Industries received trading approval from NSE and BSE for 13,73,625 equity shares allotted to non-promoters on a preferential basis at Rs 2,002 per share (Rs 10 face value, Rs 1,992 premium). These shares will trade from October 7, 2026, and are under lock-in until April 10, 2027. The allotment was done on September 11, 2026.
Adds 13.7 lakh new shares to the float; lock-in until April 2027 limits near-term selling pressure on the stock.