Balrampur Chini Mills Limited has received listing approval from both the National Stock Exchange of India Limited and BSE Limited for 93,16,771 equity shares. These shares, with a face value of Re. 1 each, were issued at a premium of Rs. 482 per share to promoters and non-promoters on a preferential basis. The approvals, dated June 23, 2026, pave the way for the trading of these newly issued shares on the stock exchanges.
Listing Approval Granted for Preferential Issue
Balrampur Chini Mills Limited has successfully obtained listing approval for a significant issuance of 93,16,771 equity shares. These shares were issued on a preferential basis to promoters and non-promoters. The approval was granted by both the National Stock Exchange of India Limited and BSE Limited, with letters bearing the reference numbers NSE/LIST/55707 and LO/PREF/TT/IP/429/2026-27, respectively, both dated June 23, 2026.
Key Details of the Share Issue
Each of the 93,16,771 equity shares has a face value of Re. 1/- (Rupee One only). They were issued at a price of Rs. 483/- (Rupees Four Hundred Eighty Three only) per share. This price includes a premium of Rs. 482/- (Rupees Four Hundred Eighty Two only) per share. The shares were issued for cash to both promoters and non-promoters.
Regulatory Compliance and Next Steps
The company has been advised to ensure compliance with relevant SEBI regulations. Trading approval for these shares will be granted subsequent to the confirmation of share credit to beneficiaries’ accounts by depositories (NSDL/CDSL) and receipt of listing approval from the National Stock Exchange of India Ltd. The company is also reminded to apply for trading approval within seven working days from the date of listing approval.
Source: BSE
