Description

Shareholding pattern and company details for R M Drip and Sprinklers Systems Limited following direct listing from NSE Emerge to BSE Mainboard.

Summary

R M Drip and Sprinklers Systems Limited has completed direct listing from NSE Emerge Platform to BSE Mainboard Platform. The company has 24,980,000 equity shares with ISIN INE219Y01018, with promoter holding at 21.06% and public shareholding at 78.94%.

Key Points

  • Company migrated from NSE Emerge (SME) platform to BSE Mainboard
  • Total equity shares: 24,980,000
  • Promoter & Promoter Group holding: 5,260,339 shares (21.06%)
  • Public shareholding: 19,719,661 shares (78.94%)
  • No partly paid shares, convertible securities, warrants, or ESOPs outstanding
  • No shares are locked-in, pledged, or under non-disposal undertaking

Regulatory Changes

Transition from SME (Emerge) platform regulations to mainboard compliance requirements including enhanced disclosure norms and trading mechanisms.

Compliance Requirements

  • Shareholding pattern filed under Regulation 31(1)(a)
  • Mainboard listing compliance standards apply
  • Enhanced disclosure requirements for mainboard listed entity

Important Dates

  • Allotment/Listing Date: July 24, 2025
  • Quarter Ended/Report Date: July 24, 2025

Impact Assessment

Direct listing to mainboard increases accessibility for institutional investors, improves liquidity potential, and subjects the company to stricter compliance requirements. Foreign ownership limit remains at 100% with current utilization at 2.96%.

Impact Justification

Direct listing from SME to mainboard platform impacts trading accessibility and investor base