Description

BSE approves listing of 4.75 crore equity shares of Innovassynth Technologies (India) Limited (formerly Innovassynth Investments Limited) resulting from merger, effective January 30, 2026.

Summary

BSE has approved the listing and trading of 4,74,65,031 equity shares of Innovassynth Technologies (India) Limited (formerly known as Innovassynth Investments Limited, Scrip Code: 533315). These shares were issued pursuant to a scheme of merger by absorption under sections 230-232 of the Companies Act, 2013. Trading will commence on January 30, 2026.

Key Points

  • 4,74,65,031 equity shares of Rs. 10/- each to be listed
  • Shares issued under merger scheme: Innovassynth Technologies (India) Limited merged with Innovassynth Investments Limited
  • New shares rank pari-passu with existing equity shares
  • ISIN: INE690J01011
  • Distinctive Numbers: 27984286 to 75449316
  • Allotment Date: December 23, 2025
  • Trading Start Date: January 30, 2026

Regulatory Changes

No regulatory changes. This is a standard listing notification following completion of a merger scheme approved under the Companies Act, 2013.

Compliance Requirements

  • Market participants should note the addition of 4.75 crore shares to the tradable float
  • The company has completed merger compliance under sections 230-232 of the Companies Act, 2013
  • All listing requirements have been fulfilled by the company

Important Dates

  • Allotment Date: December 23, 2025
  • Notice Date: January 29, 2026
  • Trading Commencement: January 30, 2026 (Friday)

Impact Assessment

Market Impact: The listing of 4.75 crore additional shares represents a significant increase in the tradable share base of Innovassynth Technologies. This may impact liquidity and shareholding patterns. The shares rank equally with existing shares, ensuring no differential rights.

Corporate Impact: Reflects completion of the merger between Innovassynth Technologies (India) Limited and Innovassynth Investments Limited, consolidating operations under a single listed entity. The company has transitioned from its previous name (Innovassynth Investments Limited) to its current name.

Investor Impact: Existing and potential investors should be aware of the expanded share capital and adjust their analysis of market capitalization and per-share metrics accordingly.

Impact Justification

Standard listing notification for shares arising from merger. Medium impact as it involves significant share issuance (4.75 crore shares) but is procedural post-merger listing.