Description
BSE permits trading in 16,437 new equity shares of Sharat Industries Ltd from conversion of partly paid shares to fully paid up shares.
Summary
BSE has permitted trading in 16,437 new equity shares of Sharat Industries Ltd (Scrip Code: 519397) arising from conversion of partly paid shares to fully paid up shares on rights basis. Trading commences from July 31, 2025.
Key Points
- 16,437 equity shares of Rs. 10/- each listed
- Shares arose from conversion of partly paid shares to fully paid up on rights basis
- ISIN: INE220Z01013
- Shares are pari-passu with existing equity shares
- Trading permitted from Thursday, July 31, 2025
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
Trading members are informed and permitted to trade in the newly listed securities.
Important Dates
- July 31, 2025: Trading commencement date for new securities
Impact Assessment
Minimal market impact as this is a routine conversion of partly paid shares to fully paid up shares. The relatively small number of shares (16,437) is unlikely to significantly affect trading volumes or stock price.
Impact Justification
Routine listing of converted shares with limited market impact