Corporate Action6 Oct 2026, 07:30 pm
Spectrum Electrical gets trading approval for 13.73 Lakh shares
AI Summary
Spectrum Electrical Industries Limited has received trading approval from the National Stock Exchange of India Ltd. and BSE Ltd. for 13,73,625 equity shares, allotted on a preferential basis. These shares, with a face value of ₹10 each, were issued at a price of ₹2,002 per share, including a premium of ₹1,992. The shares are listed and admitted to dealings on the Exchange effective October 07, 2026. A lock-in period for these shares is in effect until April 10, 2027.
Key Highlights
- Trading approval received for 13,73,625 equity shares.
- Shares allotted on preferential basis at ₹2,002 each.
- Listing effective from October 07, 2026.
- Lock-in period for shares until April 10, 2027.
Price Impact
More from SPECTRUM