Description
BSE permits trading in 3,752 new equity shares of Nakoda Group of Industries Ltd arising from conversion of partly paid shares to fully paid up shares on rights basis, effective October 30, 2025.
Summary
BSE has authorized trading members to trade in 3,752 new equity shares of Nakoda Group of Industries Ltd (Scrip Code: 541418) effective from October 30, 2025. These shares result from the conversion of partly paid shares to fully paid up equity shares of Rs. 10/- each on a rights basis. The new shares are pari-passu with existing equity shares of the company.
Key Points
- 3,752 new equity shares listed for trading
- Scrip Code: 541418
- ISIN: INE236Y01012
- Face value: Rs. 10/- per share
- Distinctive Numbers: 13521505 to 13525256
- Source: Conversion of partly paid shares to fully paid up shares on rights basis
- New shares carry equal rights with existing equity shares (pari-passu)
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for new securities arising from corporate action.
Compliance Requirements
- Trading members are permitted to trade in these new securities through the BSE trading system
- Standard trading and settlement procedures apply to these shares
- No special compliance requirements mentioned
Important Dates
- Notice Date: October 29, 2025
- Trading Commencement Date: October 30, 2025 (Thursday)
Impact Assessment
Market Impact: Minimal. This is a routine listing of a small number of shares (3,752) from conversion of partly paid shares. The volume is insignificant relative to typical market activity and represents an administrative corporate action rather than a material equity issuance.
Company Impact: Neutral administrative action completing the conversion process for rights issue shares. The fully paid up status provides clarity to shareholders and improves share fungibility.
Investor Impact: Shareholders who held partly paid shares now have fully paid up shares with standard trading liquidity. No action required from existing shareholders who did not participate in the rights issue.
Impact Justification
Routine listing notification for a small number of shares (3,752) from conversion of partly paid to fully paid shares. Limited market impact due to small volume and company-specific administrative action.