Description
BSE notifies trading members that 3,78,20,426 new equity shares of Viram Suvarn Limited issued on Rights Basis are listed and permitted to trade effective March 6, 2026.
Summary
BSE Notice No. 20260305-8 informs trading members that 3,78,20,426 new equity shares of Viram Suvarn Limited (Scrip Code: 540252) issued on a Rights Basis are listed and permitted to trade on the Exchange effective Friday, March 6, 2026.
Key Points
- 3,78,20,426 equity shares of Rs. 2/- each issued at a premium of Rs. 6/- (total issue price Rs. 8/- per share) on Rights Basis
- ISIN: INE607V01028
- Distribution Numbers: 7,56,40,853 to 11,34,61,278
- Date of Allotment: February 24, 2026
- New shares rank pari-passu with existing equity shares of the company
Regulatory Changes
No new regulatory changes. This is a standard listing notification following a rights issue allotment.
Compliance Requirements
Trading members are required to note the new securities and enable trading in these shares from the effective date. No additional compliance actions are specified for members beyond awareness of the new listing.
Important Dates
- Date of Allotment: February 24, 2026
- Effective Date for Trading: Friday, March 6, 2026
Impact Assessment
The listing adds approximately 3.78 crore new equity shares of Viram Suvarn Limited to the tradable float on BSE. These shares are pari-passu with existing shares, meaning they carry identical rights. The rights issue increases the total share capital of the company, which may have a dilutive effect on existing shareholders. Market impact is limited to participants holding or trading Viram Suvarn Limited (Scrip Code: 540252).
Impact Justification
Routine rights issue listing for a single company; affects existing and new shareholders of Viram Suvarn Limited but has no broad market-wide impact.