Description
LKP Finance Limited lists 27,93,027 new equity shares issued at Rs. 450 per share on rights basis, effective October 17, 2025.
Summary
BSE has approved the listing of 27,93,027 new equity shares of LKP Finance Limited (Scrip Code: 507912) issued on a rights basis. The shares are priced at Rs. 10 face value with a premium of Rs. 440, totaling Rs. 450 per share. Trading commences on October 17, 2025, and the new shares rank pari-passu with existing equity shares.
Key Points
- 27,93,027 new equity shares of Rs. 10 face value each listed
- Issue price: Rs. 450 per share (Rs. 10 face value + Rs. 440 premium)
- Issued on rights basis to existing shareholders
- ISIN: INE724A01017
- Distinctive Numbers: 13898090 to 16691116
- Date of Allotment: October 11, 2025
- New shares rank pari-passu with existing equity shares
- Scrip Code: 507912
Regulatory Changes
No regulatory changes introduced by this circular.
Compliance Requirements
Trading members must:
- Note the listing of new securities effective October 17, 2025
- Ensure trading systems reflect the increased share capital
- Process trades in the expanded share base from the effective date
Important Dates
- Allotment Date: October 11, 2025
- Trading Commencement Date: October 17, 2025
- Notice Date: October 16, 2025
Impact Assessment
This is a routine corporate action with minimal market impact. The rights issue increases LKP Finance Limited’s equity base by approximately 2.79 million shares. Trading members need only update their records to reflect the expanded share capital. The pari-passu ranking ensures no differential treatment of new versus existing shares. No immediate trading disruption or operational changes are anticipated.
Impact Justification
Routine listing of rights issue shares with no operational impact on trading members beyond awareness of new securities.