PCBL Chemical Limited has received a certificate from its statutory auditor, confirming compliance with regulations for the listing of 1,60,00,000 equity shares. The shares are priced at ₹280 each, including a premium, issued on a preferential basis. The audit confirms adherence to SEBI (ICDR) Regulations, ensuring proper management and maintenance of relevant documentation by the issuer.
Equity Share Listing Approved
PCBL Chemical Limited has secured approval for the listing of 1,60,00,00,000 equity shares, priced at ₹280 per share, including a premium of ₹279. This issuance is based on preferential terms, according to an official company statement dated November 14, 2025. The certificate was issued by M/s. S.R. Batliboi & Co. LLP, Chartered Accountants.
Compliance Confirmation
The statutory audit confirms that PCBL Chemical is in compliance with Chapter V of SEBI (ICDR) Regulations, 2018. This includes confirming that the company has properly managed and maintained all required documents. S.R. Batliboi & Co. LLP verified all relevant records and documents related to the preferential allotment, certifying that the company adheres to the regulations. The original 25% upfront money, amounting to ₹1,12,00,00,000, was received on May 7, 2024.
Funds Allocation and Management
The company received the balance of 75% allotment monies, totaling ₹3,36,00,00,000, on November 3, 2025. Funds were transferred directly from the bank accounts of Rainbow Investments Limited, Quest Capital Markets Limited, and STEL Holdings Limited. The audit confirms no circulation of funds or mere book entries. The allotment money has been deposited in a separate bank account maintained with Citibank N.A, as per regulatory requirements.
Source: BSE