Belrise Industries Limited has announced the release of lock-in restrictions on 6,31,11,680 equity shares, held by its promoter group and certain public shareholders. The release became effective on December 18, 2025, following the completion of all regulatory procedures and approvals.
The company confirmed that the lock-in release was executed by its Registrar and Transfer Agent through the National Securities Depository Limited (NSDL) system. The process was completed after obtaining no-objection confirmations from both stock exchanges, ensuring compliance with listing regulations. Belrise Industries’ equity shares were listed on the BSE and National Stock Exchange of India on May 28, 2025, which initiated the mandatory lock-in period for pre-listing shares.
Company Background and Manufacturing Capabilities
Belrise Industries Limited, formerly known as Badve Engineering Ltd., was established in 1988 and operates as an Indian component manufacturing company. The organisation focuses on supplying components to the automotive and white goods industries, supporting a wide range of vehicle platforms and applications.
The company’s product portfolio includes automotive sheet metal components, casting parts, polymer components, suspension systems, and mirror systems. Belrise Industries serves the two-wheeler, three-wheeler, and four-wheeler segments, addressing both passenger and commercial vehicle requirements. In addition to conventional automotive components, the company has expanded into eMobility components and subsystem manufacturing, aligning with the evolving needs of the electric vehicle ecosystem.
Operations, Values, and Market Presence
Belrise Industries’ business activities span metal processing, polymer processing, surface treatment, foundry operations, metal fabrication, and floriculture. The company highlights sustainability, agility, integrity, innovation, and excellence as its core values, with a stated focus on delivering customer success through manufacturing capabilities.
The company is headquartered at Cello Platina, Shivaji Nagar, Pune, Maharashtra, and is registered under CIN: L73100MH1996PLC102827. Its equity shares trade under the symbol BELRISE on both the BSE and NSE.
The release of the locked-in shares represents a significant post-listing development for Belrise Industries, bringing previously restricted equity into the tradable pool following regulatory clearance.
