Description
BSE permits trading in 1,89,609 new equity shares of Sharat Industries Ltd from conversion of partly paid to fully paid shares effective August 26, 2025.
Summary
BSE has authorized trading in 1,89,609 new equity shares of Sharat Industries Ltd (Scrip Code: 519397) arising from conversion of partly paid shares to fully paid shares of Rs. 10/- each on rights basis, effective from August 26, 2025.
Key Points
- 1,89,609 new equity shares of Rs. 10/- each will be available for trading
- Shares result from conversion of partly paid shares to fully paid up shares on rights basis
- Trading permitted from Tuesday, August 26, 2025
- New shares are pari-passu with existing equity shares
- ISIN: INE220Z01013
- Scrip Code: 519397
Regulatory Changes
No regulatory framework changes. Standard listing procedure for converted securities.
Compliance Requirements
- Trading members permitted to trade in the new securities from specified date
- Standard trading rules and regulations apply to the new shares
Important Dates
- Effective Trading Date: Tuesday, August 26, 2025
- Notice Date: August 25, 2025
Impact Assessment
Limited impact as this involves conversion of existing partly paid shares to fully paid shares for a single company. The new shares carry the same rights as existing equity shares and represent completion of the rights issue process rather than fresh capital raising.
Impact Justification
Standard listing of converted shares affects only specific company shareholders with limited market-wide impact