Description
BSE announces listing of 10,300 equity shares of Mahindra Lifespace Developers issued on rights basis, previously kept in abeyance.
Summary
BSE has announced the listing of 10,300 equity shares of Mahindra Lifespace Developers Ltd (Scrip Code: 532313) that were previously kept in abeyance. These shares were issued on a rights basis at Rs. 10/- face value with a premium of Rs. 247/- per share and will commence trading from Wednesday, September 3, 2025.
Key Points
- 10,300 equity shares of Rs. 10/- each listed
- Issue price: Rs. 257/- per share (Rs. 10 face value + Rs. 247 premium)
- Shares were issued on rights basis but kept in abeyance earlier
- ISIN: INE813A01018
- Distribution Numbers: 221803735 to 221814034
- Shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes announced. This is a routine listing notification for previously issued rights shares.
Compliance Requirements
Trading members are informed to note the listing and permit trading of these securities on their systems effective from the specified date.
Important Dates
- Notice Date: September 2, 2025
- Trading Commencement: Wednesday, September 3, 2025
Impact Assessment
Minimal market impact expected as these are previously issued rights shares now being listed after resolution of abeyance issues. The quantity of 10,300 shares represents a negligible addition to the existing share capital. These shares will have equal rights with existing equity shares of the company.
Impact Justification
Routine listing of previously abeyant rights shares with minimal market impact