Description
BSE announces listing of 49,489,845 new equity shares of Mirc Electronics Ltd issued through rights issue, effective August 8, 2025.
Summary
BSE has announced the listing of 49,489,845 new equity shares of Mirc Electronics Ltd (Scrip Code: 500279) issued through a rights offering. The shares will commence trading on August 8, 2025, and rank pari-passu with existing equity shares.
Key Points
- 49,489,845 new equity shares of Rs. 1.00 each issued at Rs. 9 premium
- Rights issue basis with allotment date of August 1, 2025
- ISIN: INE831A01028
- Distinctive numbers: 306097195 to 355587039
- Trading commences August 8, 2025
- New shares have equal rights as existing shares
Regulatory Changes
No regulatory changes introduced.
Compliance Requirements
Trading members are informed of the new securities availability for trading.
Important Dates
- Allotment Date: August 1, 2025
- Trading Commencement: August 8, 2025
Impact Assessment
Minimal market impact expected as this is a routine listing of rights issue shares. The shares will increase the company’s equity base and provide additional liquidity to existing shareholders who participated in the rights offering.
Impact Justification
Routine listing of rights issue shares with no market disruption expected