Description
Undertaking for credit of 21,46,800 bonus equity shares with record date October 10, 2025 and listing date October 14, 2025.
Summary
Purity Flexpack Limited has submitted an undertaking to BSE for the credit and trading of bonus shares. The company will issue 21,46,800 bonus equity shares (ISIN: INE898O01010) following shareholder approval at the AGM held on September 27, 2014. The bonus shares will be credited to beneficiary accounts by October 13, 2025, and will be available for trading from October 14, 2025.
Key Points
- Total bonus shares to be issued: 21,46,800 equity shares
- Scrip Code: 523315
- ISIN: INE898O01010
- Distinctive numbers: From 1073401 to 3220200
- Bonus issue approved at AGM held on September 27, 2014
- Company registered office at Village Vanseti, PO. Tajpura, Near Baska, Halol-389350, Dist. Panchmahal, Gujarat
Regulatory Changes
No regulatory changes. This is a standard corporate action undertaking as per BSE requirements.
Compliance Requirements
- Company must credit bonus shares to beneficiary accounts by 12:00 P.M. on T+1 day (October 13, 2025)
- Company must ensure bonus shares are available for trading from BOD on T+2 day (October 14, 2025)
- Company must coordinate with Registrar and Share Transfer Agent (RTA) and Depositories (NSDL/CDSL) to meet timelines
Important Dates
- Record Date: October 10, 2025
- Deemed Date of Allotment: October 13, 2025 (T+1 day by 12:00 P.M.)
- Effective Listing Date: October 14, 2025 (T+2 day from BOD)
- Original AGM Approval Date: September 27, 2014
Impact Assessment
Shareholder Impact: Existing shareholders as of the record date will receive bonus shares in proportion to their holdings. This increases the total number of outstanding shares and typically reduces the market price per share proportionally while maintaining overall shareholder value.
Trading Impact: The bonus shares will be available for trading from October 14, 2025, increasing the liquidity and float of the stock. The distinctive number range (1073401 to 3220200) indicates approximately 2.15 million new shares entering circulation.
Market Operations: Standard corporate action with defined timelines. No disruption to normal trading operations expected beyond the usual bonus issue adjustments.
Impact Justification
Corporate action affecting existing shareholders through bonus share issuance. Medium impact for shareholders of Purity Flexpack Limited but not market-wide significance.