Description

Listing of 4.74 crore equity shares of Innovassynth Technologies (India) Limited following merger with Innovassynth Investments Limited, effective January 30, 2026.

Summary

BSE has approved the listing of 4,74,65,031 new equity shares of Innovassynth Technologies (India) Limited (formerly 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. The new shares will commence trading on January 30, 2026, and rank pari-passu with existing equity shares.

Key Points

  • 4,74,65,031 equity shares of Rs. 10/- each listed on BSE
  • Shares issued under merger scheme: Innovassynth Technologies (India) Limited merged into Innovassynth Investments Limited
  • Company renamed from Innovassynth Investments Limited to Innovassynth Technologies (India) Limited
  • New shares rank equally with existing equity shares (pari-passu)
  • Scrip Code: 533315
  • ISIN: INE690J01011
  • Distinctive Numbers: 27984286 to 75449316
  • Allotment Date: December 23, 2025

Regulatory Changes

No new regulatory changes. This circular implements existing regulations under the Companies Act, 2013 (sections 230-232) regarding schemes of merger and absorption.

Compliance Requirements

  • Market participants must recognize the increased share capital of Innovassynth Technologies (India) Limited
  • Trading members should update records to reflect the new outstanding shares
  • Existing shareholders should note the company name change and merger completion

Important Dates

  • December 23, 2025: Allotment date for new equity shares
  • January 29, 2026: Circular issuance date
  • January 30, 2026: New shares listed and permitted for trading on BSE

Impact Assessment

Market Impact: Medium. The listing of approximately 4.75 crore additional shares represents a substantial increase in the company’s outstanding equity. This will impact the company’s market capitalization calculation and may affect liquidity and price discovery.

Shareholder Impact: Existing shareholders of the merged entity will see their ownership percentage adjusted based on the merger swap ratio. The shares rank pari-passu, ensuring equal rights for all equity holders.

Operational Impact: Minimal for market participants. Standard listing process for post-merger securities with no special trading conditions or restrictions applied.

Impact Justification

Significant share issuance from merger increases outstanding shares by substantial amount, but represents corporate restructuring rather than market-wide change. Important for existing shareholders due to dilution effects.