Spectrum Electrical Industries lists 13,73,625 preferential equity shares on NSE and BSE
Spectrum Electrical Industries Ltd · Industrial Manufacturing
What the filing says
- 13,73,625 equity shares of ₹10 each issued at ₹2002 per share (₹1992 premium) to Non-Promoters on preferential basis
- Shares allotted bearing distinctive numbers 15713841 to 17087465, ranking pari-passu with existing equity shares
- Trading approval effective October 7, 2026; shares locked-in until April 10, 2027
Why it's rated notable: Trading approval for 13,73,625 preferential shares at ₹2,002 each is an allotment already made, and its implied total of about ₹275 crore is under 5% of the ₹6,294 crore market value, so it is a modest fundraise.
Original filing
Spectrum Electrical Industries Limited Has informed Regarding Receipt Of Trading Approval From The National Stock Exchange Of India Ltd. And BSE Ltd. For The Equity Shares Allotted Pursuant To The Preferential Issue.
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More from Spectrum Electrical Industries Ltd
- Fundraise / allotmentNotableSpectrum Electrical Industries gets NSE and BSE approval for listing 13,73,625 equity shares
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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.