Description
BSE permits trading in 14,43,434 new equity shares of Shri Niwas Leasing And Finance Ltd. (Scrip Code: 538897) from May 18, 2026, pursuant to conversion of partly paid shares to fully paid up on rights basis.
Summary
BSE has issued a notice permitting trading members to trade in 14,43,434 new equity shares of Shri Niwas Leasing And Finance Ltd. (Scrip Code: 538897) with effect from Monday, May 18, 2026. These shares arise from the conversion of partly paid shares to fully paid up shares of Rs. 10/- each, issued on a rights basis.
Key Points
- 14,43,434 new equity shares of Shri Niwas Leasing And Finance Ltd. are admitted for trading on BSE.
- Scrip Code: 538897; ISIN: INE201F01015.
- Shares are Rs. 10/- each, issued pursuant to conversion of partly paid shares to fully paid up on rights basis.
- Distinctive numbers: 3997001 to 5440434.
- New shares are pari-passu with existing equity shares of the company.
Regulatory Changes
No new regulatory changes. This is a standard listing notice under BSE’s listing operations for newly converted equity shares.
Compliance Requirements
Trading members of BSE are permitted and informed to commence trading in these securities from the effective date. No additional compliance action is required beyond standard trading procedures.
Important Dates
- Notice Date: May 15, 2026
- Trading Effective From: Monday, May 18, 2026
Impact Assessment
This notice has a limited market impact as it pertains to a specific small-cap company (Shri Niwas Leasing And Finance Ltd.). The addition of 14,43,434 equity shares to the tradeable pool may marginally affect liquidity in the scrip. Existing shareholders should note that the new shares carry equal rights (pari-passu) with old equity shares.
Impact Justification
Routine listing notice for a small-cap company's conversion of partly paid shares to fully paid up equity shares on rights basis; limited broad market impact.