Description
14,306,151 equity shares of Syrma SGS Technology Limited allotted to QIBs through Qualified Institutional Placement will be listed and admitted for trading from August 18, 2025.
Summary
Syrma SGS Technology Limited has completed a Qualified Institutional Placement (QIP) resulting in the allotment of 14,306,151 new equity shares to Qualified Institutional Buyers. These shares will be listed and admitted for trading on BSE from August 18, 2025.
Key Points
- 14,306,151 equity shares of Rs. 10 each allotted through QIP
- Issue price: Rs. 699 per share
- Allotment date: August 12, 2025
- Trading commencement: August 18, 2025
- Shares rank pari-passu with existing equity shares
- Company scrip code: 543573
- ISIN: INE0DYJ01015
- Distinctive numbers: 178158013 to 192464163
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
- Trading members must note the new securities for trading operations
- Updated share capital information to be reflected in trading systems
Important Dates
- August 12, 2025: Date of allotment
- August 18, 2025: Listing and trading commencement date
Impact Assessment
The QIP results in significant equity dilution with over 14 million new shares entering the market. At Rs. 699 per share, this represents a capital raise of approximately Rs. 1,000 crores. The new shares ranking pari-passu with existing shares will increase the total share count and may impact earnings per share calculations for existing shareholders.
Impact Justification
Significant equity dilution through QIP affecting existing shareholders and market liquidity