Description

Accedere Limited undertakes to credit bonus shares to beneficial owners by 12:00 PM on 9th March 2026 and make them available for trading from 10th March 2026.

Summary

Accedere Limited (Scrip Code: 531533) has submitted an undertaking to BSE Limited regarding the credit and trading of bonus shares approved by the company. The undertaking confirms timelines for depository credit and commencement of trading in line with SEBI (LODR) Regulations, 2015.

Key Points

  • Bonus shares will be credited to beneficial owners in the depository system by 12:00 PM on the next working day after the Record Date (i.e., 9th March 2026).
  • Bonus shares will be available for trading on BSE from the beginning of trading hours on 10th March 2026.
  • The company has confirmed compliance with all applicable statutory and regulatory requirements.
  • The undertaking is signed by Neelam Purohit, Company Secretary and Compliance Officer.

Regulatory Changes

No new regulatory changes introduced. This circular is issued in compliance with existing SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Compliance Requirements

  • Accedere Limited must ensure bonus shares are credited to all eligible beneficial owners in the depository system by 12:00 PM on 9th March 2026.
  • The company must ensure bonus shares are available for trading on BSE from the start of trading hours on 10th March 2026.
  • Full compliance with all applicable statutory and regulatory requirements is required.

Important Dates

  • Record Date: 8th March 2026 (implied, with credit due on the next working day, 9th March 2026)
  • Credit Deadline: 9th March 2026, by 12:00 PM
  • Trading Commencement: 10th March 2026, from the start of trading hours

Impact Assessment

This circular has a medium impact on existing shareholders of Accedere Limited, as the bonus issue increases the number of shares held by each eligible shareholder. The broader market impact is low, as this is a company-specific corporate action. Investors holding shares of Accedere Limited (Scrip Code: 531533) as of the record date will receive additional bonus shares credited directly to their demat accounts.

Impact Justification

Routine bonus issue undertaking affecting only existing shareholders of Accedere Limited; no broad market or regulatory impact.