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 permitted 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, issued on a rights basis.
Key Points
- Company: Iykot Hitech Toolroom Ltd.
- Scrip Code: 522245
- Number of New Securities: 1,94,323 equity shares
- Nature: Conversion of partly paid shares to fully paid up shares (rights basis)
- Face Value: Rs. 5/- per share
- ISIN: INE079L01013
- Trading Effective From: Thursday, February 26, 2026
- New shares are pari-passu with existing equity shares of the company
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification in accordance with BSE’s procedures for admitting newly issued securities to trading.
Compliance Requirements
- Trading members of BSE are permitted (and informed) to trade in these new securities from February 26, 2026 onwards.
- No additional compliance action is required from trading members beyond normal trading procedures.
Important Dates
- Circular Date: February 25, 2026
- Trading Commencement Date: February 26, 2026 (Thursday)
Impact Assessment
This is a routine listing event with limited broader market impact. The addition of 1,94,323 equity shares increases the tradable float for Iykot Hitech Toolroom Ltd. (Scrip Code: 522245). Existing shareholders who held partly paid rights shares will now have fully paid, freely tradable equity shares. The new shares carry the same rights as existing equity shares (pari-passu), so no dilution of rights occurs. Impact is confined to existing shareholders and traders active in this scrip.
Distinctive Numbers:
| Quantity | From | To |
|---|---|---|
| 67,565 | 7,383,431 | 7,450,995 |
| 1,26,758 | 17,331,277 | 17,458,034 |
Impact Justification
Routine listing notification for a small-cap company involving conversion of partly paid rights shares to fully paid equity shares. Limited market-wide impact; relevant primarily to existing shareholders of Iykot Hitech Toolroom Ltd.