Description

14.77 crore equity shares of Patel Engineering Ltd issued on rights basis at Rs. 27 per share listed on BSE with effect from December 24, 2025.

Summary

BSE has listed 14,77,65,820 new equity shares of Patel Engineering Ltd (Scrip Code: 531120) issued on a rights basis. The shares were allotted on December 22, 2025, and will commence trading from December 24, 2025. The shares were issued at a price of Rs. 27 per share (Re. 1 face value plus Rs. 26 premium) and rank pari-passu with existing equity shares.

Key Points

  • Company: Patel Engineering Ltd (Scrip Code: 531120)
  • Number of Shares: 14,77,65,820 equity shares
  • Face Value: Re. 1 per share
  • Issue Premium: Rs. 26 per share
  • Issue Price: Rs. 27 per share
  • Issue Type: Rights Basis
  • ISIN: INE244B01030
  • Distinctive Numbers: 844376118 to 992141937
  • Ranking: Pari-passu with existing equity shares

Regulatory Changes

No regulatory changes announced. This is a standard listing notification for securities issued through rights issue.

Compliance Requirements

Trading members are informed to take note of the listing and trading commencement of these new securities. The shares are available for trading on the Exchange platform from the effective date.

Important Dates

  • Allotment Date: December 22, 2025
  • Trading Commencement Date: December 24, 2025 (Wednesday)
  • Notice Date: December 23, 2025

Impact Assessment

Market Impact: Medium - The rights issue represents a significant equity dilution with nearly 14.78 crore new shares being introduced to the market. This may impact the stock’s liquidity and price dynamics in the short term.

Operational Impact: Low - Standard listing process with no operational changes for trading members beyond awareness of the additional shares in circulation.

Shareholder Impact: Medium - Existing shareholders who participated in the rights issue will see their holdings reflected, while non-participants may experience dilution in their ownership percentage.

Impact Justification

Standard rights issue listing for a listed company with significant share dilution of 14.77 crore shares, material for existing shareholders but routine corporate action.