Description
57,33,713 equity shares of Parag Milk Foods Ltd listed on BSE effective November 6, 2025, pursuant to conversion of Foreign Currency Convertible Bonds (FCCBs).
Summary
BSE has announced the listing and admission for trading of 57,33,713 equity shares of Parag Milk Foods Ltd (Scrip Code: 539889) effective November 6, 2025. These shares were issued pursuant to the conversion of Foreign Currency Convertible Bonds (FCCBs) and will rank pari-passu with existing equity shares.
Key Points
- 57,33,713 equity shares of Rs. 10/- each issued at a premium of Rs. 125/-
- Shares issued pursuant to conversion of Foreign Currency Convertible Bonds (FCCBs)
- New shares rank pari-passu with existing equity shares
- ISIN Number: INE883N01014
- Scrip Code: 539889
- Distinctive Numbers: 119375842 to 125109554
- Date of Allotment: September 29, 2025
Regulatory Changes
No regulatory changes introduced in this circular.
Compliance Requirements
Trading members of BSE are informed about the listing of these new securities for trading purposes. No specific compliance actions required beyond normal trading procedures.
Important Dates
- Allotment Date: September 29, 2025
- Listing Date: November 6, 2025 (Thursday)
- Circular Date: November 4, 2025
Impact Assessment
This is a routine corporate action with limited market impact. The conversion of FCCBs into equity shares increases the outstanding share capital by approximately 5.73 lakh shares. The dilution effect will depend on the existing share capital base. Trading members should update their systems to reflect the increased share count. No significant trading or operational disruptions expected.
Impact Justification
Routine listing of equity shares from FCCB conversion with minimal market impact