Description
BSE announces listing of 4.96 crore new equity shares of Praxis Home Retail Limited issued on rights basis, effective September 3, 2025.
Summary
BSE has announced the listing of 4,95,80,000 new equity shares of Praxis Home Retail Limited (Scrip Code: 540901) issued through a rights issue. The shares will be permitted to trade on the exchange effective September 3, 2025, and will rank pari-passu with existing equity shares.
Key Points
- 4,95,80,000 equity shares of Rs. 5/- each listed
- Issued at a premium of Rs. 5/- on rights basis
- ISIN: INE546Y01022
- Distribution Numbers: 135330685 to 184910684
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes announced. This is a standard listing notification for new securities issued through rights offering.
Compliance Requirements
Trading members should note the new securities are permitted for trading and update their systems accordingly with the new ISIN and distribution numbers.
Important Dates
- Allotment Date: August 26, 2025
- Trading Commencement: September 3, 2025
Impact Assessment
Minimal market impact expected as this is a standard rights issue listing. The new shares will increase the company’s total equity base by approximately 4.96 crore shares. Trading members should ensure their systems are updated to accommodate the increased share capital.
Impact Justification
Routine listing of new shares from rights issue with no operational changes