Description

BSE permits trading in 9,00,000 new equity shares of Trescon Limited arising from conversion of partly paid-up shares to fully paid-up shares, effective March 13, 2026.

Summary

BSE has notified trading members that 9,00,000 new equity shares of Trescon Limited (Scrip Code: 532159) are permitted for trading effective Friday, March 13, 2026. These shares arise from the conversion of partly paid-up equity shares into fully paid-up equity shares of Rs. 10/- each, originally issued in a Public Issue.

Key Points

  • 9,00,000 equity shares of Trescon Limited (Scrip Code: 532159) listed for trading from March 13, 2026
  • Shares result from conversion of partly paid-up equity shares into fully paid-up equity shares of Rs. 10/- each
  • ISIN: INE088D01011
  • New shares are pari-passu with existing equity shares of the company
  • Six tranches of distinctive numbers covering the full 9,00,000 shares

Regulatory Changes

No new regulatory changes. This is a standard listing notification under BSE’s listing framework for newly converted equity shares.

Compliance Requirements

Trading members are permitted (and expected) to commence trading in these securities from March 13, 2026 onwards. No additional compliance action is required beyond normal trading procedures.

Important Dates

  • Notice Date: March 12, 2026
  • Trading Commencement: March 13, 2026 (Friday)

Impact Assessment

Minimal market impact expected. The listing involves conversion of already-issued partly paid-up shares into fully paid-up shares, representing a routine corporate action. The new shares rank pari-passu with existing equity, meaning no dilution of rights for current shareholders beyond what was already anticipated at the time of the original public issue. The addition of 9,00,000 shares to the tradeable pool is relatively modest and unlikely to cause significant price movement.

Impact Justification

Routine listing of new equity shares from conversion of partly paid-up shares to fully paid-up shares; limited market impact as shares are pari-passu with existing equity.