₹16,344 crore of shareholder lock-ins set to expire this week
In short
Lock-ins on shares worth ₹16,344 crore from 15 companies are set to end this week. CNBC TV18 listed 10 firms for Monday and five more later in the week, including Deepa Jewellers, ESDS Software, TruAlt Bio Energy, CMPDI and Om Freight Forwarders.
This matters because more shares could hit the market and affect prices. The report does not break down how much stock each company may release.
What the reporting says
Lock-ins on shares worth ₹16,344 crore from 15 companies are due to end this week, with 10 companies listed for Monday and five more later in the week. CNBC TV18’s summary names Deepa Jewellers, Rays of Belief, Purple Style Labs, Priority Jewels, ESDS Software, Knack Packaging, SAi Parenteral's, Amir Chand Jagdish Kumar, TruAlt Bio Energy, EPack Prefab, CMPDI, Pace Digitek, Glottis, Valiant Labs and Om Freight Forwarders. The report does not say how much stock each company will add to supply.
Why it matters
Shares worth ₹16,344 crore from 15 companies are set to come out of lock-in this week, with 10 names ending on Monday and five more later in the week. The named companies include Deepa Jewellers, Purple Style Labs, ESDS Software, TruAlt Bio Energy, CMPDI and Om Freight Forwarders. The report does not provide company-wise quantities or say how the release will affect trading.