Description
BSE announces listing and trading permission for new equity shares of Stallion India Fluorochemicals Limited (Scrip Code 544342) issued on Rights basis, effective March 6, 2026.
Summary
BSE has notified trading members that new equity shares of Stallion India Fluorochemicals Limited (Scrip Code: 544342) are listed and permitted to trade on the Exchange effective Friday, March 6, 2026. The shares were issued on a Rights basis at a premium and are ranked pari-passu with existing equity shares.
Key Points
- 3,67,60,483 new equity shares of Rs. 10/- each issued at a premium of Rs. 89/- (total issue price Rs. 99/- per share)
- Shares issued on Rights basis
- ISIN: INE0RYC01010
- Distribution Numbers: 79325255 to 116085737
- New shares rank pari-passu with existing equity shares of the company
- Scrip Code: 544342
Regulatory Changes
No new regulatory changes. This is a standard listing notification pursuant to a completed rights issue.
Compliance Requirements
Trading members are informed to update their systems to reflect the new securities available for trading from March 6, 2026. No additional compliance action required beyond standard trading procedures.
Important Dates
- Date of Allotment: March 2, 2026
- Effective Trading Date: Friday, March 6, 2026
- Notice Date: March 5, 2026
Impact Assessment
The listing of 3.68 crore new equity shares increases the total tradable float of Stallion India Fluorochemicals Limited. Rights issue shares are priced at Rs. 99/- per share (Rs. 10/- face value + Rs. 89/- premium). The new shares carry equal rights as existing shares, so no dilution of rights for existing shareholders beyond the standard rights issue dilution. Market participants should anticipate increased liquidity in the scrip from March 6, 2026.
Impact Justification
Routine rights issue listing for a mid-cap company; impacts existing shareholders and potential traders in Stallion India Fluorochemicals Limited shares from the effective date.