Description
BSE permits trading in 19,176 new equity shares of Skipper Ltd (Scrip Code: 538562) resulting from conversion of partly paid shares to fully paid up shares, effective November 06, 2025.
Summary
BSE has approved the listing of 19,176 new equity shares of Skipper Ltd (Scrip Code: 538562) arising from the conversion of partly paid shares to fully paid up shares of Rs. 1/- each, originally issued on a rights basis. Trading members are permitted to trade in these securities effective Thursday, November 06, 2025. The new shares carry the same rights as existing equity shares (pari-passu).
Key Points
- Company: Skipper Ltd
- Scrip Code: 538562
- Number of new shares: 19,176 equity shares
- Face value: Rs. 1/- each
- Origin: Conversion of partly paid shares to fully paid up shares
- Original issuance: Rights basis
- ISIN: INE439E01022
- Status: Pari-passu with existing equity shares
Regulatory Changes
No regulatory changes announced in this circular.
Compliance Requirements
Trading members must update their systems to reflect the new securities available for trading from November 06, 2025.
Important Dates
- Notice Date: November 04, 2025
- Trading Commencement Date: November 06, 2025 (Thursday)
Impact Assessment
This is a routine administrative listing with minimal market impact. The conversion of 19,176 partly paid shares to fully paid represents a small increment to Skipper Ltd’s traded equity base. The shares being pari-passu ensures no dilution of existing shareholder rights. No trading disruptions are anticipated.
Impact Justification
Routine listing of shares from conversion of partly paid to fully paid equity shares. Small number of shares (19,176) with minimal market impact.