Description
Rights issue listing of 48.91 crore equity shares at premium of Rs 2.05 per share
Summary
BSE has announced the listing of 48,91,46,178 new equity shares of Davangere Sugar Company Ltd (Scrip Code: 543267) issued through rights issue at a premium of Rs 2.05 per share. The shares will be permitted to trade from Wednesday, September 3, 2025.
Key Points
- Total shares listed: 48,91,46,178 equity shares of Re. 1/- each
- Issue price: At premium of Rs 2.05 per share
- Issue type: Rights basis
- ISIN: INE179G01029
- Scrip Code: 543267
- Trading commencement: September 3, 2025
- New shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. Standard listing procedure for rights issue shares.
Compliance Requirements
Trading members should note the new securities are listed and permitted for trading effective September 3, 2025.
Important Dates
- Date of Allotment: September 1, 2025
- Trading Commencement: September 3, 2025
Impact Assessment
Routine listing of rights issue shares with no expected market disruption. The new shares rank equally with existing shares, ensuring no differential treatment in trading or corporate actions.
Impact Justification
Standard listing notification for rights issue shares with no unusual terms