Description
Listing and trading approval for 50,029,335 equity shares of Darshan Orna Limited issued on rights basis, effective December 1, 2025.
Summary
BSE has approved the listing of 50,029,335 new equity shares of Darshan Orna Limited (Scrip Code: 539884) issued through a rights offering. The shares will commence trading on December 1, 2025, and rank pari-passu with existing equity shares.
Key Points
- Company: Darshan Orna Limited (Scrip Code: 539884)
- Number of shares: 50,029,335 equity shares
- Face value: Rs. 2.00 per share
- Issue price: Rs. 3.00 per share (Rs. 2.00 face value + Rs. 1.00 premium)
- Issue type: Rights basis
- ISIN: INE671T01028
- Distinctive Numbers: 50029336 to 100058670
- Allotment date: November 25, 2025
- Trading commencement: December 1, 2025 (Monday)
- Rights: Pari-passu with existing equity shares
Regulatory Changes
No regulatory changes. This is a standard listing notification for rights issue shares.
Compliance Requirements
- Trading members must note the new securities in their systems
- The new shares are available for trading from December 1, 2025
- All trading and settlement procedures apply as per standard equity share norms
Important Dates
- Allotment Date: November 25, 2025
- Trading Commencement: December 1, 2025 (Monday)
- Notice Date: November 28, 2025
Impact Assessment
Market Impact: Low - This is a company-specific rights issue listing with limited broader market impact.
Operational Impact: Minimal - Trading members need to update their systems to reflect the increased share capital. The rights issue increases the total equity base of Darshan Orna Limited.
Investor Impact: Relevant only to existing shareholders who participated in the rights issue. The new shares carry identical rights as existing shares (pari-passu status).
Impact Justification
Routine rights issue listing for a single company with no broader market implications. Standard administrative notification for existing shareholders.