Description

BSE advises trading members not to deal in partly paid equity shares of Shri Niwas Leasing and Finance Limited from March 6, 2026, ahead of the record date for the First and Final Call on Rights Equity Shares.

Summary

BSE has issued a notice informing trading members that Shri Niwas Leasing and Finance Limited (Scrip Code 890213) has fixed a Record Date of March 6, 2026, for determining holders of partly paid-up equity shares eligible to receive a call notice for payment of the First and Final Call on Rights Equity Shares. Trading members are directed not to deal in the partly paid equity shares of the company from March 6, 2026.

Key Points

  • Trading members must cease dealing in partly paid equity shares of Shri Niwas Leasing and Finance Limited (Code: 890213) from March 6, 2026.
  • Record Date is set as March 6, 2026, to identify shareholders eligible to pay the First and Final Call.
  • The First and Final Call amount is 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 changes are introduced. This notice is issued under existing BSE framework governing corporate actions and partly paid share dealings, requiring a trading halt ahead of the record date.

Compliance Requirements

  • All trading members of BSE must refrain from executing any trades in the partly paid equity shares of Shri Niwas Leasing and Finance Limited (Scrip Code 890213) from March 6, 2026, onwards.
  • Members must take note of the settlement number DR-834/2025-2026 for reference and record-keeping.

Important Dates

  • Notice Date: March 4, 2026
  • Record Date: March 6, 2026
  • No-Dealings Effective From: March 6, 2026 (Settlement No. DR-834/2025-2026)

Impact Assessment

This circular has a targeted impact on traders and investors holding partly paid equity shares of Shri Niwas Leasing and Finance Limited (Scrip Code 890213). Trading in these partly paid shares will be suspended from March 6, 2026, to allow the company to determine eligible shareholders for the First and Final Call of Rs. 5/- per share. The broader market impact is limited as this affects only a single scrip’s partly paid segment. Investors holding these shares should be prepared to pay the call money upon receipt of the call notice.

Impact Justification

Immediate trading restriction effective March 6, 2026 on partly paid shares requires prompt action from trading members; impact is medium as it affects a specific scrip's partly paid segment only.