Description
BSE permits trading in 22,02,95,320 new equity shares of Lloyds Enterprises Ltd. (Scrip Code: 512463) arising from conversion of partly paid shares to fully paid up on rights basis, effective March 04, 2026.
Summary
BSE has notified trading members that 22,02,95,320 new equity shares of Lloyds Enterprises Ltd. (Scrip Code: 512463) are permitted for trading effective Wednesday, March 04, 2026. These shares arise from the conversion of partly paid shares to fully paid up shares of Re. 1/- each, issued on a rights basis. The new shares rank pari-passu with the existing equity shares of the company.
Key Points
- Total new shares listed: 22,02,95,320 equity shares of Re. 1/- each
- Scrip Code: 512463 (Lloyds Enterprises Ltd.)
- ISIN: INE080I01025
- Basis: Conversion of partly paid shares to fully paid up shares issued on rights basis
- Pari-passu status: New shares rank equally with existing equity shares
- Two distinctive number ranges assigned covering the full allotment
Regulatory Changes
No new regulatory changes. This is a standard listing notification pursuant to the conversion of rights issue partly paid shares into fully paid shares.
Compliance Requirements
- Trading members of BSE are permitted (and expected) to facilitate trading in the new securities from the effective date.
- Members should update their systems with the new ISIN (INE080I01025) and distinctive number ranges to ensure accurate settlement.
Important Dates
- Circular Date: March 02, 2026
- Trading Effective From: Wednesday, March 04, 2026
Impact Assessment
The listing adds over 220 million new equity shares to the tradeable float of Lloyds Enterprises Ltd., which may increase liquidity but could also exert dilutive pressure on existing shareholders. The conversion from partly paid to fully paid shares on a rights basis indicates the company has received the balance call money from rights subscribers. Trading members should note the two distinctive number ranges (1272126622–1403230610 and 1404612073–1493803403) for settlement purposes. Market impact is moderate given the large share volume being added.
Impact Justification
Routine listing of large volume of new equity shares (over 220 million) from rights issue conversion, directly affecting tradeable float and share count of Lloyds Enterprises Ltd.