Description

Purity Flexpack Limited undertakes to credit 21,46,800 bonus 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 for the credit and trading availability of bonus shares. The company will allot 21,46,800 (Twenty One Lakh Forty Six Thousand Eight Hundred) bonus equity shares, previously approved by shareholders 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 (same as existing equity shares)
  • Distinctive Numbers: From 1073401 to 3220200
  • Undertaking submitted by Anil Patel, Managing Director (DIN: 00006904)
  • Company registered office: Village Vanseti, PO. Tajpura, Near Baska, Halol-389350, Dist. Panchmahal, Gujarat
  • Coordination with RTA, NSDL/CDSL, and other stakeholders confirmed

Regulatory Changes

No regulatory changes introduced. This is a standard corporate action following existing SEBI and BSE guidelines for bonus share issuance.

Compliance Requirements

  • Company must credit bonus shares to respective beneficiary accounts in the depository system by 12:00 P.M. on T+1 day (October 13, 2025)
  • Company must ensure credited bonus shares are available for trading from Beginning of the Day (BOD) on T+2 day (October 14, 2025)
  • All necessary coordination with Registrar and Share Transfer Agent (RTA) and Depositories (NSDL/CDSL) must be completed to meet prescribed timelines

Important Dates

  • Record Date: October 10, 2025 (T day)
  • Deemed Date of Allotment: October 13, 2025 (T+1 day)
  • Credit Deadline: October 13, 2025 by 12:00 P.M.
  • Effective Listing Date: October 14, 2025 (T+2 day)
  • Trading Availability: October 14, 2025 from Beginning of Day (BOD)
  • AGM Approval Date: September 27, 2014 (original approval)

Impact Assessment

Market Impact: Medium - The issuance of 21.47 lakh bonus shares will increase the total equity share capital of Purity Flexpack Limited, potentially improving liquidity and making shares more affordable to retail investors. The distinctive number range (1073401 to 3220200) indicates approximately 2:1 bonus ratio based on the increment of ~2.15 million shares.

Shareholder Impact: Positive for existing shareholders who hold shares as of the record date (October 10, 2025), as they will receive additional shares without any payment. The bonus issue reflects the company’s decision to capitalize reserves and reward shareholders.

Trading Impact: Minimal disruption expected as the company has committed to standard T+2 settlement cycle for making shares available for trading, ensuring smooth market operations post-allotment.

Impact Justification

Standard bonus issue corporate action affecting existing shareholders of Purity Flexpack Limited with defined timelines for credit and trading