Description
4,95,80,000 new equity shares of Praxis Home Retail Limited issued on rights basis will be listed and tradeable from 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 offering. The shares will commence trading on September 3, 2025, and rank pari-passu with existing equity shares.
Key Points
- 4,95,80,000 equity shares of Rs. 5/- each to be listed
- Shares issued at 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. Standard listing procedure for rights issue shares.
Compliance Requirements
Trading members are informed to note the listing and may facilitate trading in these new securities from the effective date.
Important Dates
- Date of Allotment: August 26, 2025
- Trading Commencement: September 3, 2025
Impact Assessment
Minimal market impact expected as this is a standard listing of rights shares. The new shares will increase the total outstanding shares of Praxis Home Retail Limited but rank equally with existing shares. Trading liquidity may marginally increase with additional shares in circulation.
Impact Justification
Routine listing of new shares from rights issue, minimal market impact