Description
BSE notifies listing and trading permission for 8,06,89,241 new equity shares of Gujarat Cotex Ltd issued on rights basis, effective May 18, 2026.
Summary
BSE Notice No. 20260515-8 informs trading members that 8,06,89,241 new equity shares of Gujarat Cotex Ltd (Scrip Code: 514386) issued on a rights basis at par (Rs. 5/- each) are listed and permitted to trade on the Exchange with effect from Monday, May 18, 2026.
Key Points
- 8,06,89,241 equity shares of Rs. 5/- each issued at par on rights basis are now listed on BSE
- ISIN: INE004C01028
- Distinctive numbers: 14244001 to 94933241
- Effective trading date: Monday, May 18, 2026
- New shares rank pari-passu with existing equity shares of the company
Regulatory Changes
No regulatory changes. This is a standard listing notification following completion of a rights issue.
Compliance Requirements
Trading members are informed to update their records and systems to permit trading of the newly listed shares from May 18, 2026. No additional compliance action is required from market participants.
Important Dates
- Date of Allotment: May 13, 2026
- Effective Date for Trading: May 18, 2026 (Monday)
- Notice Date: May 15, 2026
Impact Assessment
Limited market impact. The listing expands the tradable float of Gujarat Cotex Ltd following a rights issue. The new shares are pari-passu with existing shares, so there is no change in rights or entitlements. Trading members should ensure the new ISIN (INE004C01028) and distinctive number range (14244001–94933241) are recognised in their systems from May 18, 2026.
Impact Justification
Routine listing of new securities from a completed rights issue; no regulatory changes or compliance obligations for general market participants.