Description

BSE permits trading in 189,609 new equity shares of Sharat Industries Ltd from conversion of partly paid to fully paid shares.

Summary

BSE has authorized trading in 189,609 new equity shares of Sharat Industries Ltd (Scrip Code: 519397) resulting from conversion of partly paid shares to fully paid shares on rights basis, effective August 26, 2025.

Key Points

  • 189,609 new equity shares of Rs. 10/- each
  • Conversion from partly paid to fully paid shares on rights basis
  • Trading permitted from Tuesday, August 26, 2025
  • ISIN: INE220Z01013
  • New shares are pari-passu with existing equity shares

Regulatory Changes

No regulatory changes introduced.

Compliance Requirements

Trading members are informed they may trade in these new securities from the effective date.

Important Dates

  • Effective Trading Date: August 26, 2025
  • Notice Date: August 25, 2025

Impact Assessment

Minimal market impact as this is a routine conversion of partly paid shares to fully paid shares. The new shares carry the same rights as existing equity shares and represent completion of a rights issue process.

Impact Justification

Routine listing of converted shares with no material market impact