Description

LKP Finance Limited lists 27,93,027 new equity shares issued at Rs. 450 per share (Rs. 10 face value + Rs. 440 premium) on rights basis, effective October 17, 2025.

Summary

BSE has announced the listing of 27,93,027 new equity shares of LKP Finance Limited (Scrip Code: 507912) issued through a rights issue. The shares were allotted on October 11, 2025, at an issue price of Rs. 450 per share (face value Rs. 10 plus premium of Rs. 440) and will commence trading on October 17, 2025. The new shares rank pari-passu with existing equity shares.

Key Points

  • 27,93,027 new equity shares of Rs. 10 face value each
  • Issue price: Rs. 450 per share (Rs. 10 + Rs. 440 premium)
  • Issued on rights basis to existing shareholders
  • ISIN: INE724A01017 (same as existing shares)
  • Distinctive Numbers: 13898090 to 16691116
  • Allotment Date: October 11, 2025
  • Trading Commencement: October 17, 2025
  • Shares rank pari-passu with old equity shares

Regulatory Changes

No regulatory changes introduced by this circular.

Compliance Requirements

Trading members are informed of the listing for operational awareness. No specific compliance actions required beyond normal trading procedures for the listed securities.

Important Dates

  • Allotment Date: October 11, 2025
  • Listing and Trading Commencement: October 17, 2025 (Friday)

Impact Assessment

This is a routine corporate action involving the listing of rights issue shares for LKP Finance Limited. The impact is limited to shareholders and investors of this specific company. The shares being fungible with existing shares means no separate trading treatment is required. Market impact is minimal as this represents approximately 20-25% dilution based on the distinctive number range, which is moderate for a rights issue.

Impact Justification

Routine listing of rights issue shares for a single company with no broader market implications or compliance requirements for trading members beyond informational awareness.