Description
23,37,303 new equity shares of Purshottam Investofin Ltd listed for trading following scheme of arrangement for amalgamation.
Summary
23,37,303 new equity shares of Purshottam Investofin Ltd (Scrip Code: 538647) have been listed and are permitted for trading on BSE with effect from Thursday, 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
- ISIN: INE729C01020
- Distribution numbers: 6283576 – 8620878
- Date of allotment: March 24, 2025
- 11,67,583 equity shares held by Shiraj Marketing Private Limited cancelled due to cross holding
Regulatory Changes
No regulatory changes introduced - this is a standard listing following completed amalgamation proceedings.
Compliance Requirements
Trading members are informed of the new securities available for trading. No additional compliance requirements specified.
Important Dates
- Allotment Date: March 24, 2025
- Trading Commencement: August 21, 2025
Impact Assessment
Minimal market impact as this represents completion of previously announced amalgamation. The listing increases the total tradeable equity base of Purshottam Investofin Ltd while reducing cross-holdings through cancellation of shares.
Impact Justification
Routine listing of shares following completed amalgamation with limited market impact