Description

BSE announces listing of 90,149 equity shares of North Eastern Carrying Corporation Ltd. pursuant to conversion of partly paid shares to fully paid up shares.

Summary

BSE has permitted trading in 90,149 new equity shares of North Eastern Carrying Corporation Ltd. (Scrip Code: 534615) effective from Tuesday, October 14, 2025. These shares result from the conversion of partly paid shares to fully paid up shares of Rs. 10/- each that were issued on a rights basis. The new shares carry ISIN INE553C01016 and are pari-passu with existing equity shares.

Key Points

  • Total new shares listed: 90,149 equity shares
  • Face value: Rs. 10/- per share
  • Origin: Conversion of partly paid shares to fully paid up shares
  • Issue type: Rights basis
  • Trading permitted from: October 14, 2025
  • Scrip Code: 534615
  • ISIN: INE553C01016
  • Distinctive Numbers: 95284790 to 95374938
  • Status: Pari-passu with old equity shares

Regulatory Changes

No regulatory changes introduced. This is a routine listing notification following corporate action completion.

Compliance Requirements

  • Trading members are permitted to trade in these new securities from the effective date
  • The shares carry the same ISIN as existing equity shares
  • Normal trading and settlement procedures apply

Important Dates

  • Notice Date: October 13, 2025
  • Trading Commencement Date: October 14, 2025

Impact Assessment

Market Impact: Low - The listing involves a relatively small number of shares (90,149) resulting from conversion of partly paid to fully paid shares. This is a routine corporate action with minimal impact on trading volumes or market liquidity. The pari-passu status ensures no dilution of shareholder rights.

Operational Impact: Minimal - Trading members can commence trading immediately from October 14, 2025 under the existing scrip code and ISIN framework.

Impact Justification

Routine listing of shares from conversion of partly paid to fully paid shares with limited market impact given small share count