Description
BSE notice informing trading members that 1,01,52,000 new equity shares of Travels & Rentals Ltd. are listed and permitted to trade from March 12, 2026, issued on a rights basis at Rs. 10/- each at a premium of Rs. 5/-.
Summary
BSE Notice No. 20260311-17 informs trading members that 1,01,52,000 new equity shares of Travels & Rentals Ltd. (Scrip Code: 544242) have been listed and are permitted to trade on BSE with effect from Thursday, March 12, 2026. The shares were issued on a rights basis at Rs. 10/- each with a premium of Rs. 5/-.
Key Points
- 1,01,52,000 equity shares of Rs. 10/- each issued at a premium of Rs. 5/- on a rights basis are now listed on BSE
- Effective trading date: March 12, 2026
- ISIN: INE0SG001011
- Distribution Numbers: 11202686 to 21354685
- Date of Allotment: March 9, 2026
- Shares rank pari-passu with existing equity shares of the company
Regulatory Changes
No new regulatory changes. This is a standard listing notice for newly allotted rights issue shares.
Compliance Requirements
Trading members of BSE are informed to enable trading in these newly listed securities of Travels & Rentals Ltd. (Scrip Code: 544242) from the effective date.
Important Dates
- Date of Allotment: March 9, 2026
- Effective Trading Date: March 12, 2026 (Thursday)
Impact Assessment
The listing of 1,01,52,000 new equity shares increases the tradable float for Travels & Rentals Ltd. (Scrip Code: 544242). Existing shareholders who participated in the rights issue can trade their allotted shares from March 12, 2026. The shares are at parity with existing equity, so no differential rights or dilution concerns beyond standard rights issue impact.
Impact Justification
Routine listing of new equity shares from a rights issue; affects existing shareholders and traders of Travels & Rentals Ltd. but has limited broader market impact.