Porwal Auto Components Limited received trading approval from the Bombay Stock Exchange for 17,54,384 equity shares issued on a preferential basis. The listing is effective from September 3, 2026.

The company allotted the shares to non-promoters at an issue price of ₹57 per share. This price includes a face value of ₹10 and a premium of ₹47 per equity share.

Issue Details

The distinctive numbers for the newly issued shares range from 15100001 to 16854384. The exchange granted the approval vide letter reference no. LOD/PREF/VJ/32/2026-2027 dated September 2, 2026.

Regulatory Compliance

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements), 2015. Hansika Mittal, Company Secretary of Porwal Auto Components Limited, signed the intimation letter dated September 3, 2026.

BSE Limited confirmed the receipt of the application and subsequent submissions in a system-generated letter signed by Janardhan Wagle, Deputy Vice President, and Tejas Tandel, Deputy Manager. The notice number associated with the trading members' communication is 20260902-20.

Porwal Auto Components Limited received listing approval from the Bombay Stock Exchange on August 19, 2026, for equity shares issued through a preferential allotment. The company secured permission to list 17,54,384 equity shares with a face value of ₹10 each, allotted to non-promoter investors at an issue price of ₹57 per share. This price includes a premium of ₹47 per share.

Transaction Details

The preferential issue involves distinctive numbers ranging from 15100001 to 16854384. The allotment was made to both promoters and non-promoters under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Next Steps

The BSE approval letter mandates compliance with Regulation 167 of the SEBI (ICDR) Regulations. The company must file the shareholding pattern in XBRL mode under Regulation 31(1)(c) of the SEBI LODR Regulations if there is a change exceeding two percent of the total paid-up share capital.

Trading approval for these shares is contingent upon several additional filings:

• Listing approval from the National Stock Exchange of India Ltd., if applicable.
• Confirmation letters from NSDL or CDSL regarding the crediting of shares to beneficiary accounts and admission of capital to the depository system.
• Confirmation letters from depositories concerning the lock-in of pre-preferential holdings, if applicable.

As per Schedule XIX of the ICDR Regulations and SEBI circular no. SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023, Porwal Auto Components must apply for trading approval within seven working days of receiving listing approval. Failure to comply may attract fines as specified in the same circular.