NSE · Corporate Action · Low
NSE lists further equity shares of Sharp Chucks and Swaraj Suiting
NSE admitted 2,412,000 shares of SCML via preferential allotment and 33,000 shares of SWARAJ via warrant conversion, both trading on SME EMERGE from July 3, 2026.
What changed
- SCML: 2,412,000 shares allotted at Rs. 76.12, market lot 1000, lock-in expires Feb 2027 & 2028.
- SWARAJ: 33,000 shares at Rs. 236, market lot 500, all locked in until Jan 10, 2027.
- Both trade under SM series; temporary ISIN pending activation per SEBI circulars.
The read
NSE added fresh equity to two SME names. Sharp Chucks gets 2,412,000 shares at ₹76.12 via preferential allotment — 800,000 locked until 2028, the rest until 2027. Swaraj Suiting adds 33,000 shares from warrant conversion at ₹236, all locked until January 2027. Both trade under the SM series on SME EMERGE, with lot sizes 1,000 and 500 respectively, and the shares are under temporary ISINs per SEBI's 2012 rules, pending activation. This is routine paperwork; shareholders should mark the lock-in expiries. Effective July 3, 2026.
SCMLSWARAJ
Primary source: official circular (PDF)