Description

BSE advises trading members to cease dealings in partly paid equity shares of Shri Niwas Leasing and Finance Limited from 06 March 2026, ahead of the record date for the First and Final Call on Rights Equity Shares.

Summary

BSE Notice No. 20260304-8 directs all trading members to stop dealing in the partly paid equity shares of Shri Niwas Leasing and Finance Limited (Scrip Code 890213) with effect from 06 March 2026. The company has fixed 06 March 2026 as the record date to identify shareholders of partly paid shares eligible to pay the First and Final Call of Rs. 5/- per partly paid equity share.

Key Points

  • Trading in partly paid equity shares of Shri Niwas Leasing and Finance Limited (Scrip Code 890213) is prohibited from 06 March 2026
  • Record date is set as 06 March 2026 to determine eligible partly paid shareholders
  • First and Final Call amount: Rs. 5/- per partly paid equity share
  • No dealings settlement reference: DR-834/2025-2026
  • Notice issued by Marian Dsouza, Assistant Vice President – Listing Compliance and Operations

Regulatory Changes

No new regulatory framework introduced. This notice applies existing BSE procedures for suspending trading in partly paid shares ahead of a call money record date under the rights issue process.

Compliance Requirements

  • All trading members must immediately cease dealing in the partly paid equity shares of Shri Niwas Leasing and Finance Limited (Scrip Code 890213) effective 06 March 2026
  • Members must take note of Settlement No. DR-834/2025-2026 for reference
  • Members should inform their clients accordingly to avoid inadvertent trades

Important Dates

  • Notice Date: 04 March 2026
  • Record Date: 06 March 2026
  • No Dealings From Date: 06 March 2026 (Settlement No. DR-834/2025-2026)

Impact Assessment

Trading in the partly paid equity shares of Shri Niwas Leasing and Finance Limited is effectively halted from 06 March 2026. Investors holding these partly paid shares will be identified on the record date and will be required to pay the First and Final Call of Rs. 5/- per share. Failure to comply with the no-dealings directive by trading members could result in regulatory action. The restriction is limited to the partly paid shares (Scrip Code 890213) and does not affect fully paid equity shares of the company.

Impact Justification

Trading members are explicitly prohibited from dealing in the partly paid equity shares effective 06 March 2026, making this a mandatory compliance action with direct trading restriction implications.