Description

Undertaking for credit of bonus shares and trading timeline as per SEBI circular SEBI CIR/CFD/PoD/2024/122 dated September 16, 2024.

Summary

ANTARIKSH INDUSTRIES LIMITED (Scrip Code: 501270) has provided an undertaking to BSE regarding the bonus issue of 4,940 equity shares. The company commits to crediting bonus shares in the depository system by 12 PM on January 12, 2026 (T+1 day) and making them available for trading from January 13, 2026 (T+2 day), in compliance with SEBI circular SEBI CIR/CFD/PoD/2024/122 dated September 16, 2024.

Key Points

  • Total bonus shares to be issued: 4,940 shares
  • Record date: January 11, 2026 (implied as T day)
  • Deemed date of allotment: January 12, 2026
  • Effective listing date: January 13, 2026
  • Distinctive numbers: 2000001 to 2004940
  • ISIN: INE825M01017
  • Bonus shares will be credited in depository system by 12 PM on T+1 day
  • Shares will be available for trading from Beginning of Day (BOD) on T+2 day

Regulatory Changes

This circular is issued in compliance with SEBI circular SEBI CIR/CFD/PoD/2024/122 dated September 16, 2024, which prescribes timelines for credit of bonus shares and commencement of trading.

Compliance Requirements

  • Company must credit bonus shares in depository system latest by 12 PM of next working day after record date (T+1)
  • Bonus shares must be made available for trading on Beginning of Day (BOD) of T+2 day
  • Company must provide deemed date of allotment, number of shares, distinctive numbers, effective listing date, and ISIN details to the exchange

Important Dates

  • January 5, 2026: Date of undertaking submission to BSE
  • January 11, 2026: Record date (T day, implied)
  • January 12, 2026: Deemed date of allotment; bonus shares to be credited by 12 PM (T+1 day)
  • January 13, 2026: Effective listing date; trading commences from BOD (T+2 day)

Impact Assessment

This is a routine bonus issue notification with limited market impact. The issuance of 4,940 bonus shares represents a relatively small corporate action. Existing shareholders of ANTARIKSH INDUSTRIES LIMITED holding shares as of the record date will receive bonus shares. The prescribed timeline ensures timely credit and trading of bonus shares, providing clarity and operational efficiency for shareholders and market participants.

Impact Justification

Standard bonus issue notification for a single company with 4,940 shares. Important for shareholders of ANTARIKSH INDUSTRIES LIMITED but limited market-wide impact.