Description
BSE announces listing and trading permission for 3,78,20,426 new equity shares of Viram Suvarn Limited issued on rights basis, effective March 6, 2026.
Summary
BSE has notified trading members that 3,78,20,426 new equity shares of Viram Suvarn Limited (Scrip Code: 540252) are listed and permitted to trade on the Exchange with effect from Friday, March 6, 2026. These shares were issued on a rights basis at a price of Rs. 8/- per share (face value Rs. 2/- + premium of Rs. 6/-).
Key Points
- 3,78,20,426 equity shares of Rs. 2/- each issued at a premium of Rs. 6/- (total issue price Rs. 8/-) on a rights basis
- ISIN: INE607V01028
- Distribution numbers: 7,56,40,853 to 11,34,61,278
- Shares rank pari-passu with existing equity shares of the company
- Trading effective from March 6, 2026
Regulatory Changes
No regulatory changes. This is a routine listing notification.
Compliance Requirements
Trading members are informed to facilitate trading in the newly listed securities from the effective date. No additional compliance actions required beyond standard trading protocols.
Important Dates
- Date of Allotment: February 24, 2026
- Trading Effective Date: March 6, 2026 (Friday)
Impact Assessment
Limited market impact. The listing increases the total share count of Viram Suvarn Limited through a rights issue, which is dilutive to existing shareholders. The shares are pari-passu with existing equity, meaning no preferential rights. Impact is confined to existing shareholders and traders of this specific scrip (540252).
Impact Justification
Routine listing of rights issue shares for a single company; no regulatory changes or broad market impact.