Description
Trading approval for 12,04,077 equity shares of Brand Concepts Ltd. issued pursuant to scheme of amalgamation with IFF Overseas Private Limited.
Summary
BSE has approved the listing and trading of 12,04,077 new equity shares of Brand Concepts Ltd. (Scrip Code: 543442) issued under a scheme of amalgamation with IFF Overseas Private Limited. Trading will commence from August 05, 2025.
Key Points
- 12,04,077 equity shares of Rs. 10/- each face value
- Issued pursuant to scheme of amalgamation between IFF Overseas Private Limited (Transferor) and Brand Concepts Limited (Transferee)
- ISIN: INE977Y01011
- Distribution Numbers: 11217801 - 12421877
- Allotment Date: June 21, 2025
Regulatory Changes
No new regulatory changes introduced. Standard listing procedure following approved amalgamation scheme.
Compliance Requirements
Trading members are informed of the new securities availability for trading on the exchange.
Important Dates
- Allotment Date: June 21, 2025
- Trading Commencement: August 05, 2025 (Tuesday)
- Notice Date: August 04, 2025
Impact Assessment
Routine corporate action following amalgamation scheme. Increases the total number of tradeable shares for Brand Concepts Ltd. Existing shareholders of both companies affected by the merger arrangement. No immediate market disruption expected as this follows standard amalgamation procedures.
Impact Justification
Standard listing of new securities following corporate amalgamation - affects existing shareholders but routine corporate action