Announced Fri, 6 Jun · 17:51 IST

We would like to inform that vide letter bearing Ref: LOD/PREF/TT/FIP/303/2025-26 dated June 05,2025 from BSE Limited the Company has received listing approval of 20,00,000 Equity Shares.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Suditi Industries has received in-principle approval from BSE to list 20,00,000 equity shares (face value Rs. 10 each) that were allotted on a preferential basis to non-promoters at a premium of Rs. 17.50, meaning an issue price of Rs. 27.50 per share. The aggregate value of this preferential issue works out to roughly Rs. 5.5 crore. The shares carry distinctive numbers from 37616292 to 39616291. The company still needs trading approval, which depends on getting NSE approval (if applicable), confirmation from NSDL/CDSL that the shares have been credited to demat accounts, and lock-in confirmation for pre-preferential holdings. The company has been told to file for trading approval within seven working days, failing which a penalty may apply.

Likely market impact

This is a procedural step towards making the already-allotted preferential shares tradeable on the exchange. Existing shareholders may see some dilution once these shares start trading, and there could be mild supply-side pressure, but the shares are not yet freely tradable.