Description
BSE permits trading in 14,08,604 new equity shares of AvenuesAI Ltd. arising from conversion of partly paid shares to fully paid up, 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, and carry ISIN INE483S01020.
Key Points
- Company: AvenuesAI Ltd. (Scrip Code: 539807)
- Total New Shares: 14,08,604 equity shares of Re. 1/- each
- Nature: Conversion of partly paid shares to fully paid up shares issued on rights basis
- ISIN: INE483S01020
- Pari-passu: These shares rank equally with existing equity shares of the company
- Trading effective from: Friday, March 06, 2026
Regulatory Changes
No new regulatory changes. This is a standard listing notice permitting trading members to trade in the newly listed securities upon conversion of rights-basis partly paid shares.
Compliance Requirements
Trading members of BSE are informed and permitted to trade in these new securities from the effective date. No additional compliance action is required beyond standard trading procedures.
Important Dates
- Notice Date: March 05, 2026
- Trading Effective Date: Friday, March 06, 2026
Impact Assessment
This is a routine listing of new equity shares resulting from a rights issue conversion. The addition of 14,08,604 shares to the tradeable float of AvenuesAI Ltd. (Scrip Code: 539807) may have a minor dilutive effect on existing shareholders, but the conversion from partly paid to fully paid shares was a pre-announced corporate action. Market-wide impact is negligible; impact is limited to existing shareholders and traders in this specific scrip.
Distinctive Numbers
| Quantity | Distinctive Number Range |
|---|---|
| 10,955 | 3001101919 – 3001112873 |
| 13,83,199 | 3470116298 – 3471499496 |
| 125 | 3476101502 – 3476101626 |
| 14,325 | 3479604908 – 3479619232 |
Impact Justification
Routine listing notice for new equity shares from conversion of partly paid rights shares; limited market-wide impact, affects only existing shareholders of AvenuesAI Ltd.