Description
BSE announces listing of 19,176 equity shares of Skipper Ltd resulting from conversion of partly paid shares to fully paid up shares, effective November 6, 2025.
Summary
BSE has permitted trading in 19,176 new equity shares of Skipper Ltd (Scrip Code: 538562) effective November 6, 2025. These shares arise from the conversion of partly paid shares issued on rights basis to fully paid up equity shares of Rs. 1/- each. The new shares carry ISIN INE439E01022 and are pari-passu with existing equity shares.
Key Points
- Total new shares listed: 19,176 equity shares
- Origin: Conversion of partly paid shares to fully paid up shares
- Face value: Rs. 1/- per share
- Source: Rights issue shares
- Scrip Code: 538562
- ISIN: INE439E01022
- Status: Pari-passu with existing equity shares
- Distinctive number ranges provided for tracking
Regulatory Changes
No regulatory changes. This is a standard listing notification for share conversion.
Compliance Requirements
- Trading members are permitted to trade in these new securities from the effective date
- Standard trading and settlement procedures apply
- Shares rank equally with existing equity shares for all purposes
Important Dates
- Notice Date: November 4, 2025
- Trading Commencement: November 6, 2025 (Thursday)
Impact Assessment
Market Impact: Minimal. The addition of 19,176 shares represents a very small increase in outstanding equity and will have negligible impact on trading volumes or stock price. This is a routine corporate action following rights issue partly paid share conversion. The pari-passu status ensures no dilution concerns for existing shareholders.
Impact Justification
Routine listing of small number of shares (19,176) from partly paid to fully paid conversion with minimal market impact