Description

BSE permits trading in 79,26,820 new equity shares of AvenuesAI 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 79,26,820 new equity shares of AvenuesAI Ltd. (Scrip Code: 539807) 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 Re. 1/- each, originally issued on a rights basis.

Key Points

  • Company: AvenuesAI Ltd. (Scrip Code: 539807)
  • Securities: 79,26,820 equity shares of Re. 1/- each (face value)
  • Nature: Conversion of partly paid shares to fully paid up, issued on rights basis
  • ISIN: INE483S01020
  • Distinctive Numbers:
    • Range 1: 4423539 — 3471677963 to 3476101501
    • Range 2: 3503281 — 3476101627 to 3479604907
  • These shares rank pari-passu with the existing equity shares of the company

Regulatory Changes

No new regulatory changes introduced. This is a standard listing notice under BSE procedures for admission of new securities following completion of a rights issue conversion.

Compliance Requirements

  • Trading members are permitted (and expected) to facilitate trading in these newly listed securities from February 26, 2026 onwards.
  • Members should update their systems with the new ISIN (INE483S01020) and distinctive number ranges.

Important Dates

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

Impact Assessment

This listing enables holders of the converted fully paid equity shares of AvenuesAI Ltd. to trade their securities on BSE from February 26, 2026. The addition of approximately 79.27 lakh shares increases the tradable float for AvenuesAI Ltd. The shares are pari-passu with existing shares, so no differential rights or pricing implications arise. Impact is moderate and localised to existing rights issue participants and AvenuesAI shareholders.

Impact Justification

Routine listing of new equity shares following conversion of partly paid rights issue shares to fully paid up; affects existing rights issue holders and enables trading from the next day.