Description
BSE announces listing of 48.2 crore new equity shares of Franklin Industries Limited issued through rights offering, effective August 5, 2025.
Summary
BSE has approved the listing of 48,20,00,000 new equity shares of Franklin Industries Limited (Scrip Code: 540190) issued through rights offering. The shares will commence trading on August 5, 2025, and rank pari-passu with existing equity shares.
Key Points
- 48.2 crore new equity shares of Rs. 1/- each issued at par value
- Rights issue allotment completed on July 25, 2025
- New shares carry ISIN: INE789R01022
- Distinguished numbers: 289200001 to 771200000
- Equal rights and privileges as existing shares
Regulatory Changes
No regulatory framework changes. Standard new securities listing process under existing BSE regulations.
Compliance Requirements
- Trading members must update systems for new share certificates
- Investors should verify ISIN codes for accurate trading
- Company must ensure compliance with ongoing listing obligations
Important Dates
- Allotment Date: July 25, 2025
- Trading Commencement: August 5, 2025
- Notice Date: August 4, 2025
Impact Assessment
Substantial increase in Franklin Industries’ share capital through rights offering. The large volume of new shares (48.2 crore) may impact liquidity and trading patterns. Existing shareholders who participated in rights issue maintain proportional ownership, while market capitalization increases significantly at current share price levels.
Impact Justification
Significant rights issue expanding share capital by 48.2 crore shares for existing listed company