Description
BSE permits trading in 90,149 new equity shares of North Eastern Carrying Corporation Ltd. resulting from conversion of partly paid shares to fully paid up shares, effective October 14, 2025.
Summary
BSE has approved the listing and trading of 90,149 new equity shares of North Eastern Carrying Corporation Ltd. (Scrip Code: 534615) effective October 14, 2025. These shares result from the conversion of partly paid shares to fully paid up shares of Rs. 10/- each that were originally issued on a rights basis. The new shares are pari-passu with existing equity shares.
Key Points
- 90,149 new equity shares approved for trading
- Shares result from conversion of partly paid to fully paid up shares
- Face value: Rs. 10/- per share
- Original issuance: Rights basis
- ISIN: INE553C01016
- Distinctive Numbers: 95284790 to 95374938
- New shares rank pari-passu with existing equity shares
- Scrip Code: 534615
Regulatory Changes
No regulatory changes. This is a standard listing approval for converted shares.
Compliance Requirements
Trading members are permitted to trade in these new securities through normal trading channels. No special compliance requirements are specified.
Important Dates
- Notice Date: October 13, 2025
- Trading Commencement: October 14, 2025
Impact Assessment
Minimal market impact expected. This is a routine administrative listing of a relatively small number of shares (90,149) resulting from the conversion of partly paid shares to fully paid up status. The conversion represents completion of payment obligations on rights issue shares. The shares carry the same rights as existing equity shares, so there is no dilution effect beyond what was already anticipated when the partly paid shares were originally issued.
Impact Justification
Routine listing of converted shares for a small company with limited shares (90,149) being added. This is an administrative listing notice with minimal market impact.