Description
BSE permits trading in 1,946 new equity shares of Grasim Industries Ltd. arising from conversion of partly paid shares to fully paid up on rights basis, effective March 06, 2026.
Summary
BSE has notified trading members that 1,946 new equity shares of Grasim Industries Ltd. (Scrip Code: 500300) are permitted for trading with effect from Friday, March 06, 2026. These shares arise from the conversion of partly paid shares to fully paid up equity shares of Rs. 2/- each, issued on a rights basis.
Key Points
- 1,946 equity shares of Rs. 2/- each are newly listed on BSE
- Shares result from conversion of partly paid shares to fully paid up shares issued on rights basis
- ISIN: INE047A01021
- Distinctive Numbers: 680461587 to 680463532
- These shares are pari-passu with the existing equity shares of Grasim Industries Ltd.
- Trading permitted from March 06, 2026 (Friday)
Regulatory Changes
No regulatory changes. This is a standard listing notification following conversion of partly paid rights shares to fully paid up equity shares.
Compliance Requirements
Trading members of BSE are permitted (and expected) to facilitate trading in these newly listed securities from the effective date. No additional compliance action is required beyond normal trading operations.
Important Dates
- Notice Date: March 05, 2026
- Trading Effective Date: March 06, 2026 (Friday)
Impact Assessment
Minimal market impact. Only 1,946 shares are being added to the tradeable float of Grasim Industries Ltd., which is a negligible quantity relative to the company’s total equity share capital. The shares carry the same rights as existing equity shares (pari-passu), so no dilution concern arises beyond what was already anticipated at the time of the original rights issue.
Impact Justification
Routine listing of a small number of newly converted equity shares (1,946 shares) from partly paid to fully paid up on rights basis; minimal market impact given the negligible quantity relative to total shares outstanding.