Description

BSE announces listing of 7,320 equity shares of Sobha Ltd arising from conversion of partly paid shares to fully paid up shares, effective October 31, 2025.

Summary

BSE has permitted trading in 7,320 new equity shares of Sobha Ltd (Scrip Code: 532784) arising from the conversion of partly paid shares to fully paid up shares of Rs. 10/- each issued on rights basis. Trading in these securities will commence from Friday, October 31, 2025. The new shares are pari-passu with existing equity shares.

Key Points

  • Company: Sobha Ltd
  • Scrip Code: 532784
  • Number of new shares: 7,320 equity shares
  • Face value: Rs. 10/- per share
  • Nature: Conversion of partly paid shares to fully paid up shares
  • Issuance basis: Rights issue
  • ISIN: INE671H01015
  • Distinctive Numbers: 110143648 to 110150967
  • Status: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes announced in this circular.

Compliance Requirements

  • Trading members are permitted to trade in the new securities from the effective date
  • No specific compliance actions required from trading members

Important Dates

  • Notice Date: October 30, 2025
  • Trading Commencement Date: October 31, 2025

Impact Assessment

Market Impact: Minimal. The listing involves only 7,320 shares, which represents a very small addition to the existing share capital of Sobha Ltd.

Operational Impact: Routine operational impact for trading members. The new shares will be available for trading through normal channels with no special trading procedures required.

Investor Impact: Existing shareholders who subscribed to the rights issue and held partly paid shares will now have fully paid up shares that are freely tradeable and carry the same rights as existing equity shares.

Impact Justification

Routine listing of small number of shares (7,320) from conversion of partly paid to fully paid shares. Minimal market impact given small volume.