Description
BSE permits trading in 14,08,604 new equity shares of AvenuesAI Ltd. issued pursuant to conversion of partly paid shares to fully paid up on rights basis, effective March 06, 2026.
Summary
BSE has notified trading members that 14,08,604 new equity shares of AvenuesAI Ltd. (Scrip Code: 539807) are permitted for trading effective Friday, March 06, 2026. These shares arise from the conversion of partly paid shares to fully paid up equity shares of Re. 1/- each, issued on a rights basis.
Key Points
- 14,08,604 equity shares of AvenuesAI Ltd. (Scrip Code: 539807) admitted for trading from March 06, 2026
- Shares issued pursuant to conversion of partly paid shares to fully paid up at Re. 1/- each on rights basis
- ISIN: INE483S01020
- Shares are pari-passu with existing equity shares of the company
- Four tranches of distinctive numbers covering the total allotment
Regulatory Changes
No regulatory changes. This is a standard listing notification for newly converted equity shares.
Compliance Requirements
Trading members of BSE are permitted (and implicitly required to note) that these new securities are available for trading from March 06, 2026 under ISIN INE483S01020.
Important Dates
- Circular Date: March 05, 2026
- Trading Effective From: Friday, March 06, 2026
Impact Assessment
Minimal market impact. The listing of 14,08,604 shares represents a routine conversion of partly paid rights shares to fully paid equity. The shares carry equal rights to existing shareholders (pari-passu). Trading members should update their systems to reflect the new distinctive number ranges under ISIN INE483S01020. Distinctive number ranges: 3001101919–3001112873 (10,955 shares), 3470116298–3471499496 (13,83,199 shares), 3476101502–3476101626 (125 shares), 3479604908–3479619232 (14,325 shares).
Impact Justification
Routine listing of new equity shares from conversion of partly paid rights shares. Limited market impact as shares are pari-passu with existing equity and the quantity is relatively small.