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) issued on a rights basis are listed and permitted to trade on the Exchange with effect from 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 regulatory changes. This is a routine listing notification pursuant to a completed rights issue.
Compliance Requirements
Trading members are informed to permit trading in the newly listed securities from the effective date. No additional compliance actions required beyond standard trading procedures.
Important Dates
- Date of Allotment: February 24, 2026
- Effective Date of Trading: March 6, 2026 (Friday)
Impact Assessment
Limited market impact. The listing expands the tradeable float of Viram Suvarn Limited (Scrip Code: 540252) by 3,78,20,426 shares. The new shares are pari-passu with existing shares, so no dilution of rights occurs for existing shareholders beyond what was already effected through the rights issue allotment.
Impact Justification
Routine listing of rights issue shares for a small-cap company; no regulatory changes or broad market impact involved.