Description
BSE circular correcting the undertaking for listing of 67,93,80,400 bonus equity shares of Authum Investment & Infrastructure Limited with revised timeline for crediting and trading.
Summary
BSE has issued a correction in the notice for the bonus issue of Authum Investment & Infrastructure Limited. The company has provided an undertaking for listing 67,93,80,400 bonus equity shares issued under Chapter XI of SEBI (ICDR) Regulations, 2018. The circular specifies the revised timeline for crediting bonus shares to the depository system and their availability for trading.
Key Points
- Total bonus shares to be listed: 67,93,80,400 equity shares
- Bonus shares issued in compliance with Chapter XI of SEBI (ICDR) Regulations, 2018
- Shares will be credited in the depository system by 12 PM on the next working day after record date
- Bonus shares will be available for trading from the beginning of the day (BOD) on the subsequent working day
- Undertaking submitted by Company Secretary and Compliance Officer Dipyanti Jaiswar
Regulatory Changes
No regulatory changes introduced. This is a correction notice providing clarification on the existing bonus issue process under SEBI (ICDR) Regulations, 2018, Chapter XI.
Compliance Requirements
- Authum Investment & Infrastructure Limited must ensure bonus shares are credited to the depository system by 12 PM on Wednesday, January 14, 2026 (next working day after record date)
- Company must ensure shares are available for trading from BOD on Friday, January 16, 2026
- Proper undertaking and documentation submitted to BSE Department of Corporate Services
Important Dates
- Record Date: Preceding Tuesday, January 13, 2026 (implied)
- Bonus Share Credit Deadline: Wednesday, January 14, 2026 by 12:00 PM
- Trading Commencement: Friday, January 16, 2026 (Beginning of Day)
- Circular Date: January 14, 2026
Impact Assessment
Market Impact: Medium - The bonus issue will significantly increase the number of outstanding shares for Authum Investment & Infrastructure Limited, potentially improving liquidity. The correction notice ensures clarity on exact timelines for shareholders expecting bonus shares.
Shareholder Impact: Existing shareholders on the record date will receive bonus shares in their demat accounts, with trading availability two working days post-record date. The correction provides certainty on timing.
Operational Impact: The company and depository participants must ensure timely credit of nearly 68 crore bonus shares to eligible shareholders’ accounts within the specified deadline to enable smooth trading commencement.
Impact Justification
Correction notice for bonus share listing affecting shareholders of Authum Investment & Infrastructure Limited with specific timelines for crediting and trading