Description
27.51 lakh new equity shares of Choksi Asia Limited listed on BSE effective July 28, 2025 following scheme of amalgamation.
Summary
BSE has approved the listing of 27,51,000 new equity shares of Choksi Asia Limited (Scrip Code: 530427) effective Monday, July 28, 2025. These shares were issued pursuant to a scheme of amalgamation between Choksi Asia Private Limited and Choksi Imaging Limited, with 9,49,896 cross-held shares being cancelled.
Key Points
- 27,51,000 new equity shares of Rs. 10/- each to be listed and traded
- Effective trading date: Monday, July 28, 2025
- ISIN: INE865B01016
- Distinct Numbers: 3900001 - 6651000
- Date of Allotment: May 29, 2025
- 9,49,896 cross-held shares cancelled due to cross holding elimination
Regulatory Changes
New securities added to BSE trading platform following completion of amalgamation scheme between related entities.
Compliance Requirements
- Trading members informed about new securities availability for trading
- Updated security details and ISIN code to be reflected in trading systems
Important Dates
- Allotment Date: May 29, 2025
- Trading Commencement: Monday, July 28, 2025
- Notice Date: July 25, 2025
Impact Assessment
Medium impact on market operations as additional shares increase the tradeable float of Choksi Asia Limited. The amalgamation simplifies the corporate structure by eliminating cross holdings and consolidating operations under a single listed entity.
Impact Justification
Corporate restructuring affecting tradeable securities with specific listing timeline