Description
BSE lists 1,01,52,000 new equity shares of Travels & Rentals Ltd. issued on rights basis at Rs. 10/- face value with Rs. 5/- premium, effective March 12, 2026.
Summary
BSE has listed 1,01,52,000 new equity shares of Travels & Rentals Ltd. (Scrip Code: 544242) on its Exchange. These shares, issued on a rights basis at Rs. 10/- face value with a premium of Rs. 5/-, are permitted for trading effective Thursday, March 12, 2026.
Key Points
- Company: Travels & Rentals Ltd. (Scrip Code: 544242)
- Number of Shares: 1,01,52,000 equity shares
- Face Value: Rs. 10/- per share
- Issue Premium: Rs. 5/- per share (total issue price Rs. 15/-)
- Issue Type: Rights Issue
- ISIN: INE0SG001011
- Distribution Numbers: 11202686 to 21354685
- Date of Allotment: March 09, 2026
- These new shares rank pari-passu with existing equity shares of the company.
Regulatory Changes
No new regulatory changes. This is a standard listing notice pursuant to a completed rights issue.
Compliance Requirements
- Trading members of BSE are informed and permitted to trade the new securities from the effective date.
- No additional compliance action required beyond standard trading procedures for newly listed securities.
Important Dates
- Date of Allotment: March 09, 2026
- Effective Trading Date: March 12, 2026 (Thursday)
Impact Assessment
The listing increases the tradeable float of Travels & Rentals Ltd. by 1,01,52,000 equity shares. As a rights issue, existing shareholders had the opportunity to subscribe, maintaining proportional ownership. The new shares are pari-passu with existing shares, so no differential rights or dilution concerns beyond normal rights-issue dilution apply. Impact is limited to existing shareholders and traders in Scrip Code 544242.
Impact Justification
Routine rights issue listing for a single company; affects existing and new shareholders of Travels & Rentals Ltd. but has no broader market-wide regulatory implications.