Description
489,090,000 new equity shares of Sylph Technologies Ltd listed and permitted to trade with effect from July 29, 2025.
Summary
BSE has listed 489,090,000 new equity shares of Sylph Technologies Ltd (Scrip Code: 511447) issued through a rights offering. The shares are listed with effect from Tuesday, July 29, 2025, and rank pari-passu with existing equity shares.
Key Points
- 489,090,000 equity shares of Re. 1/- each issued at par on rights basis
- ISIN: INE706F01021
- Distribution Numbers: 358666001 to 847756000
- Date of Allotment: July 18, 2025
- Trading commencement: July 29, 2025
- New shares have equal rights with existing shares
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed of the new securities listing and should update their systems accordingly for trading operations.
Important Dates
- Allotment Date: July 18, 2025
- Trading Start Date: July 29, 2025
Impact Assessment
The rights issue substantially increases Sylph Technologies’ share count, which may impact liquidity and market capitalization. Existing shareholders who participated in the rights issue maintain their proportional ownership, while those who didn’t will face dilution.
Impact Justification
Rights issue significantly increases share count but limited to single company impact