Description

BSE permits trading in 1,94,323 new equity shares of Iykot Hitech Toolroom Ltd. arising from conversion of partly paid shares to fully paid up on rights basis, effective February 26, 2026.

Summary

BSE has notified trading members that 1,94,323 new equity shares of Iykot Hitech Toolroom Ltd. (Scrip Code: 522245) are available for trading with effect from Thursday, February 26, 2026. These shares arise from the conversion of partly paid shares to fully paid-up equity shares of Rs. 5/- each, originally issued on a rights basis.

Key Points

  • Company: Iykot Hitech Toolroom Ltd.
  • Scrip Code: 522245
  • ISIN: INE079L01013
  • Number of New Shares: 1,94,323 equity shares
  • Face Value: Rs. 5/- per share
  • Basis of Issue: Conversion of partly paid shares to fully paid up, issued on rights basis
  • Pari-passu: New shares rank equally with existing equity shares of the company
  • Distinctive Numbers:
    • 67,565 shares: 7,383,431 to 7,450,995
    • 1,26,758 shares: 17,331,277 to 17,458,034

Regulatory Changes

No regulatory changes. This is a standard listing notification pursuant to conversion of partly paid rights shares into fully paid-up equity shares.

Compliance Requirements

  • Trading members of BSE are permitted to trade in the newly listed securities from the effective date.
  • No additional compliance action is required from members beyond standard trading procedures.

Important Dates

  • Circular Date: February 25, 2026
  • Trading Effective Date: Thursday, February 26, 2026

Impact Assessment

Minimal market impact. This is a routine listing of a relatively small tranche of new equity shares (1,94,323 shares) resulting from rights issue conversion. The shares are pari-passu with existing equity, so no dilution of rights for existing shareholders beyond what was already anticipated at the time of the rights issue. Relevant primarily to existing shareholders who held partly paid shares and have now converted them to fully paid-up status.

Impact Justification

Routine listing notification for a small number of new equity shares from conversion of partly paid rights shares in a small-cap company; no broad market impact.