Lords Chloro Alkali Limited Receives Listing Approval for 35,00,000 Equity Shares from Warrant Conversion
Lords Chloro Alkali Limited received listing approval from NSE and BSE for 35,00,000 equity shares issued through warrant conversion at Rs. 122/- per share, raising Rs. 42,70,00,000/-. The shares, bearing distinctive numbers 25153862 to 28653861, were allotted to promoters and non-promoters on preferential basis. Trading approval is pending submission of required confirmations from depositories.

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Lords Chloro Alkali Limited has secured listing approval from both the National Stock Exchange (NSE) and BSE Limited for 35,00,000 equity shares allotted through warrant conversion on preferential basis. The company announced this development through a regulatory filing dated April 09, 2026.
Share Allotment Details
The equity shares were issued following the conversion of 35,00,000 warrants at a predetermined price structure. The shares carry distinctive numbers ranging from 25153862 to 28653861.
| Parameter: | Details |
|---|---|
| Number of Shares: | 35,00,000 equity shares |
| Face Value: | Rs. 10/- per share |
| Premium: | Rs. 112/- per share |
| Issue Price: | Rs. 122/- per share |
| Total Amount: | Rs. 42,70,00,000/- |
| Allottees: | Promoter and Non-Promoter Category |
Regulatory Approvals
The company received formal listing approvals from both major stock exchanges on April 08, 2026. NSE granted approval through letter reference NSE/LIST/53708, while BSE issued its approval via letter reference LOD/PREF/MV/FIP/37/2026-27.
Both exchanges confirmed their in-principle approval for listing the equity shares issued pursuant to warrant conversion on preferential basis. The shares will be listed and admitted to trading upon receipt of confirmation from depositories NSDL and CDSL regarding credit to beneficiaries' accounts.
Compliance Requirements
As part of the listing process, Lords Chloro Alkali Limited must ensure compliance with several regulatory provisions:
- Adherence to Regulation 167 of SEBI (ICDR) Regulations
- Filing of shareholding pattern in XBRL mode under Regulation 31(1)(c) of SEBI LODR Regulations, 2015, if shareholding change exceeds two percent
- Submission of confirmation letters from NSDL/CDSL regarding share crediting and lock-in requirements
Trading Approval Process
The exchanges have outlined specific requirements for trading approval. BSE emphasized that trading approval will be granted only after the company submits listing approval from NSE, confirmation letters from depositories, and any applicable lock-in confirmations for pre-preferential holdings.
According to SEBI regulations, listed entities must apply for trading approval within seven working days from the date of listing approval grant. The regulatory framework includes provisions for fines in case of non-compliance with specified timelines.
Corporate Communication
The regulatory filing was signed by Pankaj Mishra, Company Secretary & Compliance Officer of Lords Chloro Alkali Limited. The communication was addressed to both BSE Limited and National Stock Exchange of India Limited as required under Regulation 30 of SEBI Listing Regulations.
How will the Rs. 427 crore capital infusion impact Lords Chloro Alkali's expansion plans and production capacity in the chemical sector?
What potential changes in promoter shareholding structure could result from this preferential allotment to both promoter and non-promoter categories?
Will the increased share capital strengthen Lords Chloro Alkali's position to compete with larger players like Tata Chemicals in the chlor-alkali market?

































