Description
BSE announces listing of 14,306,151 equity shares of Syrma SGS Technology Limited allotted through Qualified Institutional Placement, effective August 18, 2025.
Summary
BSE has announced the listing of 14,306,151 new equity shares of Syrma SGS Technology Limited (Scrip Code: 543573) allotted through Qualified Institutional Placement. The shares will commence trading on Monday, August 18, 2025.
Key Points
- 14,306,151 equity shares of Rs. 10 each allotted to Qualified Institutional Buyers (QIBs)
- Issue price: Rs. 699 per share
- Shares rank pari-passu with existing equity shares
- Distribution numbers: 178158013 to 192464163
- Date of allotment: August 12, 2025
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed of the new listing and should update their systems accordingly for the commencement of trading.
Important Dates
- Allotment Date: August 12, 2025
- Trading Commencement: Monday, August 18, 2025
- Notice Date: August 14, 2025
Impact Assessment
The QIP will increase Syrma SGS Technology’s equity base by approximately 14.3 million shares, potentially affecting stock liquidity and market capitalization. The issue price of Rs. 699 provides a reference point for market valuation. Trading members should prepare for increased trading activity upon listing.
Impact Justification
New equity listing through QIP increases share capital and may affect stock liquidity and price