Description
23,37,303 equity shares of Purshottam Investofin Ltd listed for trading effective August 21, 2025 following scheme of arrangement for amalgamation.
Summary
BSE has listed 23,37,303 new equity shares of Purshottam Investofin Ltd (Scrip Code: 538647) for trading 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 now listed and permitted for trading
- Shares issued under scheme of arrangement for amalgamation
- ISIN: INE729C01020
- Distinguished numbers: 6283576 – 8620878
- Date of allotment: March 24, 2025
- 11,67,583 equity shares cancelled due to cross holding
Regulatory Changes
No 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
Impact Assessment
Minimal market impact as this represents routine listing following corporate amalgamation. The cancellation of cross-held shares reduces the actual increase in tradeable securities.
Impact Justification
Routine listing of shares following corporate restructuring with limited market impact