Description
Franklin Industries Limited lists 48.2 crore new equity shares issued on rights basis, effective August 5, 2025.
Summary
Franklin Industries Limited (Scrip Code: 540190) has listed 48.2 crore new equity shares of Rs. 1/- each issued at par on rights basis. These shares will commence trading on BSE from Tuesday, August 5, 2025.
Key Points
- 48,20,00,000 equity shares of Rs. 1/- each issued at par value
- Shares issued on rights basis to existing shareholders
- ISIN: INE789R01022
- Distribution numbers: 289200001 to 771200000
- Allotment date: July 25, 2025
- New shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members are informed of the new securities listing for proper settlement and trading operations.
Important Dates
- Allotment Date: July 25, 2025
- Trading Commencement: August 5, 2025
Impact Assessment
The rights issue significantly increases Franklin Industries’ share capital, potentially improving liquidity and providing additional capital for business operations. The shares being issued at par indicates confidence in current valuation levels.
Impact Justification
Significant capital raising through rights issue but limited to single company impact