Description
BSE permits trading in 9,00,000 new equity shares of Trescon Limited effective March 13, 2026, pursuant to conversion of partly paid-up equity shares into fully paid-up equity shares of Rs.10/- each.
Summary
BSE has notified trading members that 9,00,000 new equity shares of Trescon Limited (Scrip Code: 532159, ISIN: INE088D01011) are available 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 admitted to trading on BSE from March 13, 2026
- Shares result from conversion of partly paid-up equity shares into fully paid-up equity shares (face value Rs.10/- each)
- ISIN: INE088D01011
- Scrip Code: 532159
- New shares are pari-passu with existing equity shares of the company
- Six tranches of distinctive numbers assigned covering the full 9,00,000 shares
Regulatory Changes
No new regulatory changes. This is a standard listing notification permitting trading in newly converted fully paid-up equity shares pursuant to a completed Public Issue.
Compliance Requirements
- Trading members are permitted (and expected) to trade these new securities from March 13, 2026 onwards
- No additional compliance actions required from members beyond normal trading procedures
Important Dates
- Circular Date: March 12, 2026
- Trading Effective From: Friday, March 13, 2026
Impact Assessment
This listing increases the freely tradable equity share count of Trescon Limited by 9,00,000 shares. Since the new shares are pari-passu with existing equity shares, there is no differential rights impact. The conversion from partly paid to fully paid status completes the capital-raising process and may modestly increase liquidity in the scrip. Impact is limited to existing and prospective shareholders of Trescon Limited.
Impact Justification
Routine listing of new equity shares following conversion of partly paid-up shares to fully paid-up shares; affects existing and prospective shareholders of Trescon Limited but is a standard corporate action.