Description
BSE announces listing and trading permission for 1,31,59,102 new equity shares of Galaxy Agrico Exports Ltd. issued on rights basis, effective March 10, 2026.
Summary
BSE Notice No. 20260309-26 informs trading members that 1,31,59,102 new equity shares of Galaxy Agrico Exports Ltd. (Scrip Code: 531911) have been listed and are permitted to trade on the Exchange effective Tuesday, March 10, 2026. These shares were issued on a rights basis at a premium.
Key Points
- 1,31,59,102 equity shares of Rs. 10/- each issued at a premium of Rs. 25.87/- on rights basis
- ISIN: INE803L01016
- Distribution Numbers: 5000021 to 18159122
- Shares rank pari-passu with existing equity shares of the company
- Date of Allotment: March 5, 2026
Regulatory Changes
No regulatory changes. This is a standard listing notification following completion of a rights issue.
Compliance Requirements
Trading members are informed to update their systems to enable trading in the newly listed securities from the effective date. No additional compliance action is required beyond standard trading procedures.
Important Dates
- Date of Allotment: March 5, 2026
- Trading Commencement Date: March 10, 2026
Impact Assessment
Minimal broader market impact. The listing adds new shares to the tradeable float of Galaxy Agrico Exports Ltd. (Scrip Code: 531911). Existing shareholders who participated in the rights issue will be able to trade their newly allotted shares from March 10, 2026. The shares are pari-passu with existing equity, meaning no differential rights or preferential treatment.
Impact Justification
Routine listing of new equity shares from a completed rights issue for a single small-cap company; no regulatory changes or broad market impact.