Description
Franklin Industries Limited lists 48.2 crore equity shares issued on rights basis, trading effective August 5, 2025.
Summary
Franklin Industries Limited (Scrip Code: 540190) has listed 48.2 crore new equity shares issued through a rights offering. The shares will commence trading on BSE from August 5, 2025, and rank pari-passu with existing equity shares.
Key Points
- 48,20,00,000 equity shares of Rs. 1/- each issued at par value
- Rights issue allotment completed on July 25, 2025
- ISIN: INE789R01022
- Distinctive numbers: 289200001 to 771200000
- New shares rank equally with existing equity shares
Regulatory Changes
No regulatory changes introduced - routine listing notification.
Compliance Requirements
- Trading members informed of new securities availability
- Standard trading procedures apply from effective date
Important Dates
- Allotment Date: July 25, 2025
- Trading Commencement: August 5, 2025
- Notice Date: August 4, 2025
Impact Assessment
Minimal market impact as this is a routine listing of rights issue shares. The substantial increase in share count (48.2 crore shares) will affect the company’s share structure and may impact per-share metrics, but trading impact expected to be neutral as existing shareholders received proportional rights.
Impact Justification
Routine listing of rights issue shares for existing company