Description
23,37,303 new equity shares of Purshottam Investofin Ltd listed for trading following scheme of arrangement for amalgamation.
Summary
Purshottam Investofin Ltd (Scrip Code: 538647) has listed 23,37,303 new equity shares of Rs. 10/- each on BSE, effective August 21, 2025. These shares were issued pursuant to a scheme of arrangement for amalgamation of Middle Path Trading Private Limited and Shiraj Marketing Private Limited with Purshottam Investofin Limited.
Key Points
- 23,37,303 equity shares of Rs. 10/- each listed for trading
- Shares issued under scheme of arrangement for amalgamation
- Trading permitted from Thursday, August 21, 2025
- ISIN: INE729C01020
- Distribution numbers: 6283576 – 8620878
- 11,67,583 equity shares cancelled due to cross holding
Regulatory Changes
No new regulatory changes introduced. This is a standard listing following corporate restructuring.
Compliance Requirements
Trading members are informed of the new securities available for trading on the exchange.
Important Dates
- Allotment Date: March 24, 2025
- Trading Commencement: August 21, 2025
- Notice Date: August 20, 2025
Impact Assessment
Minimal market impact expected as this is a routine listing following corporate amalgamation. The listing increases the total tradeable shares of Purshottam Investofin Ltd while reducing cross-holdings through cancellation of 11,67,583 shares.
Impact Justification
Routine listing of new shares following corporate restructuring with limited market impact