Description
BSE permits trading in 33,198 new equity shares of Skipper Limited arising from conversion of partly paid shares to fully paid up shares issued on rights basis, effective January 21, 2026.
Summary
BSE has approved the listing of 33,198 new equity shares of Skipper Limited (Scrip Code: 538562) arising from the conversion of partly paid shares to fully paid up shares of Re. 1/- each issued on rights basis. Trading in these new securities is permitted from Wednesday, January 21, 2026.
Key Points
- 33,198 new equity shares of Re. 1/- each listed
- Shares result from conversion of partly paid shares to fully paid up
- Original issuance was on rights basis
- ISIN: INE439E01022
- Distinctive Numbers: 112904036 to 112937233
- New shares are pari-passu with existing equity shares
- Scrip Code: 538562
Regulatory Changes
No regulatory changes introduced in this circular.
Compliance Requirements
- Trading members are permitted to trade in the newly listed securities
- Standard trading rules and regulations apply to these shares
Important Dates
- Notice Date: January 20, 2026
- Trading Commencement: Wednesday, January 21, 2026
Impact Assessment
Minimal market impact expected. The listing involves a relatively small number of shares (33,198) from conversion of partly paid shares. These shares carry the same rights as existing equity shares. This is a routine corporate action with no material effect on Skipper Limited’s capital structure or trading dynamics.
Impact Justification
Routine listing of small number of equity shares from conversion of partly paid shares. Minimal market impact given the small quantity relative to typical market volumes.