Description
BSE notifies 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) are listed and permitted to trade on the Exchange effective Friday, March 6, 2026. These shares were issued on a Rights Basis at a premium of Rs. 6/- over a face value of Rs. 2/- each.
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)
- Issued on Rights Basis with ISIN: INE607V01028
- Distribution numbers: 7,56,40,853 to 11,34,61,278
- Shares rank pari-passu with existing equity shares of the company
- Trading permitted from March 6, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notice for securities already allotted under a rights issue.
Compliance Requirements
Trading members of BSE are informed to allow trading of these new securities from the effective date. No additional compliance action is required beyond standard trading procedures.
Important Dates
- Date of Allotment: February 24, 2026
- Trading effective from: March 6, 2026
Impact Assessment
Limited market impact. The listing increases the total equity share count of Viram Suvarn Limited by 3,78,20,426 shares. Existing shareholders who participated in the rights issue will have their new shares tradeable from March 6, 2026. The shares are pari-passu with existing shares, so no differential rights are introduced.
Impact Justification
Routine listing of new equity shares from a rights issue for a single company; no broad market or regulatory impact.