Description
Antariksh Industries Limited undertakes to credit 4,940 bonus shares by January 12, 2026, with trading to commence on January 13, 2026.
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 credit bonus shares to the depository system by 12 PM on January 12, 2026 (T+1 day), with trading to commence on January 13, 2026 (T+2 day). This communication is 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
- Credit to depository system: By 12 PM on January 12, 2026 (T+1 day)
- Trading commencement: January 13, 2026 (T+2 day, Beginning of Day)
- Distinctive numbers: 2000001 to 2004940
- ISIN: INE825M01017
- Effective listing date: January 13, 2026
Regulatory Changes
This circular is filed in compliance with SEBI circular SEBI/CIR/CFD/PoD/2024/122 dated September 16, 2024, which prescribes timelines for crediting bonus shares and enabling trading.
Compliance Requirements
- Company must credit bonus shares to depository system by 12 PM on T+1 day (January 12, 2026)
- Bonus shares must be available for trading at Beginning of Day on T+2 (January 13, 2026)
- Company must provide undertaking with deemed date of allotment and number of shares
- Distinctive numbers and ISIN details must be submitted to the exchange
Important Dates
- January 5, 2026: Date of circular 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 and trading commencement (T+2 day, BOD)
Impact Assessment
This is a routine corporate action with minimal market impact. The bonus issue involves only 4,940 shares of Antariksh Industries Limited. Existing shareholders on the record date will receive bonus shares in their demat accounts. The structured timeline ensures smooth processing and availability for trading within the regulatory framework. No broader market implications are expected from this small-scale bonus issue.
Impact Justification
Small bonus issue of 4,940 shares for a single company; limited market-wide impact but relevant for shareholders of Antariksh Industries Limited.