Description
Undertaking for credit of 21,46,800 bonus equity shares to beneficiary accounts by October 13, 2025, with trading availability from October 14, 2025.
Summary
Purity Flexpack Limited (Scrip Code: 523315, ISIN: INE898O01010) has submitted an undertaking to BSE regarding the credit and trading availability of bonus shares approved at the AGM held on September 27, 2014. The company will allot 21,46,800 bonus equity shares with distinctive numbers from 1073401 to 3220200.
Key Points
- Total bonus shares to be issued: 21,46,800 equity shares
- Distinctive numbers range: 1073401 to 3220200
- Record date: October 10, 2025
- Deemed date of allotment: October 13, 2025
- Effective listing date: October 14, 2025
- ISIN: INE898O01010
- Company registered office: Village Vanseti, PO. Tajpura, Near Baska, Halol-389350, Dist. Panchmahal, Gujarat
Regulatory Changes
No regulatory changes. This is a standard corporate action for bonus share issuance.
Compliance Requirements
- Company must credit bonus shares to beneficiary accounts in depository system by 12:00 PM on T+1 day (October 13, 2025)
- Company must ensure shares are available for trading from Beginning of Day (BOD) on T+2 day (October 14, 2025)
- Company must coordinate with Registrar and Share Transfer Agent (RTA), Depositories (NSDL/CDSL), and other relevant stakeholders
Important Dates
- Record Date: October 10, 2025
- Credit to Beneficiary Accounts: By 12:00 PM on October 13, 2025 (T+1)
- Trading Availability: From BOD on October 14, 2025 (T+2)
- Deemed Date of Allotment: October 13, 2025
- Effective Listing Date: October 14, 2025
Impact Assessment
Shareholder Impact: Existing shareholders as on record date (October 10, 2025) will receive bonus shares in their demat accounts. The bonus issuance will increase the total outstanding shares of the company.
Trading Impact: The bonus shares will be available for trading from October 14, 2025, which may lead to increased liquidity and trading activity in the scrip. The stock price will typically adjust proportionally to reflect the increased share count.
Market Impact: Limited to shareholders of Purity Flexpack Limited. No broader market implications.
Impact Justification
Corporate action affecting existing shareholders with specific allotment and trading timelines for a single company