
Corporate Action24 Apr 2026, 09:01 pm
Vaswani Industries gets listing approval for 1.6M preferential shares
AI Summary
Vaswani Industries Ltd has received final listing and trading approval from both BSE Limited and the National Stock Exchange of India Limited on April 24, 2026. This approval is for 1,600,000 equity shares, each with a face value of ₹10 and issued at a premium of ₹40, which were allotted on a preferential basis to the Promoter Group. The newly listed shares, bearing distinctive numbers 31346154 to 32946153, will commence trading on the exchanges effective from Monday, April 27, 2026. These shares are subject to a lock-in period until November 30, 2027.
Key Highlights
- 1.6 million equity shares received listing and trading approval.
- Shares were issued on a preferential basis to the Promoter Group.
- Trading for these shares begins on April 27, 2026.
- The newly listed shares are subject to a lock-in period until November 30, 2027.
Price Impact
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