Description

BSE permits trading in 65 new equity shares of Skipper Ltd. (Scrip Code: 538562) from February 26, 2026, arising from conversion of partly paid shares to fully paid up shares issued on rights basis.

Summary

BSE has issued Notice No. 20260225-14 informing trading members that 65 new equity shares of Skipper Ltd. (Scrip Code: 538562, ISIN: INE439E01022) are available for trading effective Thursday, February 26, 2026. These shares arise from the conversion of partly paid shares to fully paid up equity shares of Re. 1/- each, originally issued on a rights basis.

Key Points

  • Trading permitted in 65 new equity shares of Skipper Ltd. from February 26, 2026
  • Scrip Code: 538562 | ISIN: INE439E01022
  • Shares issued pursuant to conversion of partly paid shares to fully paid up (Re. 1/- each) on rights basis
  • Distinctive Number range: 107021819 to 107021819 (1 share) and 112854195 to 112854258 (64 shares)
  • New shares are pari-passu with existing equity shares of the company

Regulatory Changes

No new regulatory changes. This is a standard listing notification following the conversion of partly paid rights shares into fully paid up equity shares as per existing BSE listing procedures.

Compliance Requirements

  • Trading members are permitted (and informed) to trade in these 65 new equity shares from the effective date
  • No additional compliance action required from trading members beyond standard trading protocols

Important Dates

  • Notice Date: February 25, 2026
  • Trading Commencement Date: February 26, 2026 (Thursday)

Impact Assessment

Minimal market impact. Only 65 equity shares are being listed, representing a negligible addition to Skipper Ltd.’s share capital. The conversion is a routine corporate action completing the rights issue process for partly paid shareholders. Pari-passu status with existing shares ensures no differential treatment in dividends, voting rights, or other entitlements.

Impact Justification

Routine listing notice for a very small quantity of 65 equity shares resulting from conversion of partly paid rights shares to fully paid up; negligible market impact.