Description
Accedere Limited undertakes to credit bonus shares to beneficial owners by 12:00 PM on 9th March 2026 (next working day after record date), with trading available from 10th March 2026.
Summary
Accedere Limited (BSE Scrip Code: 531533) has submitted an undertaking to BSE Limited regarding the credit and trading of bonus shares pursuant to the company’s approved bonus issue. The undertaking confirms compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Key Points
- Bonus shares will be credited to beneficial owners in the depository system by 12:00 PM on 9th March 2026 (next working day after the record date)
- Bonus shares will be available for trading on BSE from the beginning of trading hours on 10th March 2026
- The company confirms full compliance with all applicable statutory and regulatory requirements
- Undertaking signed by Neelam Purohit, Company Secretary and Compliance Officer
Regulatory Changes
No new regulatory changes. This circular is issued in compliance with existing SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 provisions governing bonus share issuances.
Compliance Requirements
- Accedere Limited must ensure bonus shares are credited to all eligible beneficial owners in the depository system by 12:00 PM on the next working day after the record date (9th March 2026)
- The company must make bonus shares available for trading at the commencement of trading hours on 10th March 2026
- All applicable statutory and regulatory requirements must be adhered to throughout the process
Important Dates
- Circular Date: 4th March 2026
- Record Date: 8th March 2026 (implied; 9th March is stated as the next working day after record date)
- Bonus Share Credit Deadline: 9th March 2026 by 12:00 PM
- Trading Commencement: 10th March 2026 (beginning of trading hours)
Impact Assessment
Existing shareholders of Accedere Limited (Scrip Code: 531533) will receive bonus shares credited to their demat accounts by 9th March 2026. Trading in the newly issued bonus shares will commence on 10th March 2026. The bonus issue increases the share count outstanding, which may lead to a proportionate adjustment in share price. Impact is limited to existing shareholders of this small-cap company and does not affect broader market operations.
Impact Justification
Routine bonus issue undertaking for a small-cap company; impacts existing shareholders via bonus share credit and trading commencement timelines.