Description
BSE permits trading in 65 new equity shares of Skipper Ltd. arising from conversion of partly paid shares to fully paid up shares issued on rights basis, effective February 26, 2026.
Summary
BSE has issued Notice No. 20260225-14 informing trading members that 65 new equity shares of Skipper Ltd. (Scrip Code: 538562) are permitted for trading effective Thursday, February 26, 2026. These shares arise from the conversion of partly paid shares to fully paid up shares of Re. 1/- each, originally issued on a rights basis.
Key Points
- 65 new equity shares of Skipper Ltd. (Scrip Code: 538562) admitted for trading from February 26, 2026
- Shares result from conversion of partly paid shares to fully paid up shares of Re. 1/- each issued on rights basis
- ISIN: INE439E01022
- Distinctive Numbers: 1 (107021819 to 107021819) and 64 (112854195 to 112854258)
- New shares are pari-passu with existing equity shares of the company
Regulatory Changes
No new regulatory changes. This is a standard listing notification under BSE’s procedures for admission of new securities arising from corporate actions.
Compliance Requirements
Trading members of BSE are permitted to trade in these newly listed shares from the effective date. No additional compliance action is required beyond standard trading procedures.
Important Dates
- Circular Date: February 25, 2026
- Effective Trading Date: February 26, 2026 (Thursday)
Impact Assessment
Minimal market impact. Only 65 shares are being listed, representing a negligible addition to Skipper Ltd.’s outstanding share capital. The shares are pari-passu with existing equity shares, meaning no differentiation in rights or entitlements. This is a routine administrative listing arising from the completion of a rights issue conversion process.
Impact Justification
Routine listing of a very small number of shares (65 equity shares) from conversion of partly paid rights issue shares; minimal market impact expected.