Description
14,41,776 equity shares of Sunshield Chemicals Ltd. issued on rights basis at Rs. 901/- per share listed and permitted to trade with effect from October 29, 2025.
Summary
Sunshield Chemicals Ltd. (Scrip Code: 530845) has listed 14,41,776 new equity shares on BSE following a rights issue. The shares are issued at face value of Rs. 10/- each with a premium of Rs. 891/-, totaling Rs. 901/- per share. Trading commences on October 29, 2025.
Key Points
- 14,41,776 equity shares of Rs. 10/- face value issued on rights basis
- Issue price: Rs. 901/- per share (Rs. 10/- face value + Rs. 891/- premium)
- Scrip Code: 530845
- ISIN: INE199E01014
- Distinctive Numbers: 7725761 to 9167536
- Date of Allotment: October 27, 2025
- Trading Start Date: October 29, 2025
- New shares rank pari-passu with existing equity shares
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members are informed of the new securities available for trading. No specific compliance actions required beyond standard trading procedures.
Important Dates
- October 27, 2025: Allotment date
- October 28, 2025: Circular notice date
- October 29, 2025: Trading commencement date
Impact Assessment
This is a routine rights issue listing with limited market impact. The addition of 14.42 lakh shares increases the company’s equity base. The rights issue was priced at a significant premium (Rs. 891/- over face value of Rs. 10/-), indicating investor confidence. The shares have equal rights with existing shares, ensuring no dilution of voting or dividend rights for existing shareholders who participated in the rights issue.
Impact Justification
Routine rights issue listing for a single company with no broader market implications