Description
T T Ltd has listed 33.33 million new equity shares issued through rights issue at Rs. 12 per share, effective August 14, 2025.
Summary
T T Ltd (Scrip Code: 514142) has successfully listed 33,330,444 new equity shares on BSE following a rights issue. The shares were issued at Re. 1 face value with a premium of Rs. 11, making the issue price Rs. 12 per share. Trading commences on August 14, 2025.
Key Points
- 33,330,444 new equity shares listed
- Face value: Re. 1 per share
- Issue premium: Rs. 11 per share
- Total issue price: Rs. 12 per share
- ISIN: INE592B01024
- Distinctive numbers: 224980501 to 258310944
- Allotment date: August 5, 2025
- Trading effective date: August 14, 2025
Regulatory Changes
No regulatory changes. Standard listing procedure for rights issue securities.
Compliance Requirements
- Trading members are informed of the new securities listing
- New shares rank pari-passu with existing equity shares
- Standard trading regulations apply to the new securities
Important Dates
- Allotment Date: August 5, 2025
- Listing Date: August 13, 2025
- Trading Commencement: August 14, 2025
Impact Assessment
Market Impact: Medium - The rights issue increases the company’s equity base by approximately 33.33 million shares, which may impact the stock’s liquidity and trading patterns. The rights issue indicates capital raising activity by the company.
Investor Impact: Existing shareholders who participated in the rights issue will see their holdings increase, while the expanded share base may affect earnings per share calculations.
Impact Justification
Standard rights issue listing with significant share count but routine corporate action