Description
BSE notifies trading members that 1,31,59,102 new equity shares of Galaxy Agrico Exports Ltd. issued on rights basis are listed and permitted to trade from 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) issued on a rights basis are listed and permitted to trade on BSE with effect from Tuesday, March 10, 2026.
Key Points
- 1,31,59,102 equity shares of Rs. 10/- each issued at a premium of Rs. 25.87/- on rights basis are now listed on BSE
- ISIN: INE803L01016
- Distribution Numbers: 5000021 to 18159122
- Date of Allotment: March 5, 2026
- New shares rank pari-passu with existing equity shares of the company
- Trading effective from March 10, 2026
Regulatory Changes
No regulatory changes introduced. This is a standard listing notification for newly allotted rights issue shares.
Compliance Requirements
- Trading members are informed to update their systems to permit trading of the new securities from March 10, 2026
- No additional compliance actions required for members beyond standard trading procedures
Important Dates
- Date of Allotment: March 5, 2026
- Trading effective date: March 10, 2026 (Tuesday)
Impact Assessment
The listing of 1,31,59,102 new equity shares increases the total share count of Galaxy Agrico Exports Ltd., which may have a dilutive effect on existing shareholders. The shares were issued at Rs. 35.87/- per share (face value Rs. 10/- + premium Rs. 25.87/-). The new shares are fully fungible with existing shares and rank pari-passu. Market impact is expected to be limited to existing shareholders and active traders in this scrip.
Impact Justification
Routine listing of rights issue shares for a mid-cap company; relevant primarily to existing shareholders and traders of Galaxy Agrico Exports Ltd.