Description
BSE announces listing of 23,37,303 equity shares of Purshottam Investofin Ltd following scheme of arrangement with two companies.
Summary
BSE has approved the listing of 23,37,303 equity shares of Purshottam Investofin Ltd (Scrip Code: 538647) effective from 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 to be listed
- Shares issued under amalgamation scheme with two private companies
- ISIN: INE729C01020
- Distinctive numbers: 6283576 – 8620878
- Date of allotment: March 24, 2025
Regulatory Changes
No new regulatory changes introduced. This is a standard listing following corporate restructuring.
Compliance Requirements
Trading members are informed about the new securities available for trading on the exchange.
Important Dates
- Effective Trading Date: August 21, 2025
- Date of Allotment: March 24, 2025
- Notice Date: August 20, 2025
Impact Assessment
Minimal market impact as this involves routine listing of shares following corporate amalgamation. The listing provides liquidity to existing shareholders of the amalgamated companies.
Impact Justification
Routine listing of shares following corporate restructuring with limited market impact