Description

BSE issues corrigendum revising the record date for Yarn Syndicate Ltd (Scrip Code: 890197) First and Final Call from April 10, 2026 to May 15, 2026, cancelling corporate action on the original date.

Summary

BSE has issued a corrigendum (Notice No. 20260408-46) revising the record date for Yarn Syndicate Ltd (Scrip Code: 890197) in connection with its First and Final Call. The original record date of April 10, 2026 has been revised to May 15, 2026. As a result, no corporate action will occur on April 10, 2026 for the First and Final Call.

Key Points

  • Original Notice No. 20260330-12 dated March 30, 2026 is superseded by this corrigendum
  • Record date revised from 10-04-2026 to 15-05-2026
  • No corporate action will be processed on April 10, 2026 for the First and Final Call
  • A separate notice will be issued with details of the revised record date and suspension date
  • Trading members are advised to take note of the change

Regulatory Changes

The record date for Yarn Syndicate Ltd’s First and Final Call corporate action has been officially revised. The prior circular (Exchange Notice No. 20260330-12, March 30, 2026) is amended accordingly.

Compliance Requirements

  • Trading members must update their records to reflect the new record date of May 15, 2026
  • No corporate action processing should occur on April 10, 2026 for this scrip’s First and Final Call
  • Members should await the forthcoming separate notice detailing the revised record date and suspension date

Important Dates

  • Original record date (cancelled): April 10, 2026
  • Revised record date: May 15, 2026
  • Corrigendum issue date: April 8, 2026
  • Original notice date: March 30, 2026 (Notice No. 20260330-12)

Impact Assessment

Trading members and shareholders who had planned around the April 10, 2026 record date for Yarn Syndicate Ltd’s First and Final Call must revise their schedules. The postponement of approximately five weeks to May 15, 2026 may affect ex-date calculations and settlement planning. Investors holding or transacting in Scrip Code 890197 should be aware that the corporate action timeline has materially shifted. A follow-up notice from BSE will provide the revised suspension date.

Impact Justification

Direct revision of a corporate action record date affects trading members and shareholders planning around the original April 10, 2026 date; cancels corporate action on that date entirely.