Description
Conversion of 48,09,158 partly paid-up equity shares to fully paid-up equity shares of Nakoda Group of Industries Limited effective August 05, 2025.
Summary
NSE has notified the listing of further securities for Nakoda Group of Industries Limited (NGIL) involving the conversion of 48,09,158 partly paid-up equity shares to fully paid-up equity shares. The converted shares will be admitted to trading on NSE Capital Market segment with effect from August 05, 2025.
Key Points
- Total shares converted: 48,09,158 equity shares
- Face value and paid-up value: Rs. 10/- each
- Trading symbol: NGIL
- ISIN: INE236Y01012
- Market lot size: 1 share
- Shares are pari passu with existing equity shares
- No lock-in period applicable
Regulatory Changes
Conversion from partly paid-up equity shares to fully paid-up equity shares in accordance with NSE Capital Market Trading Regulations Part A, Regulation 3.1.1 and 2.5.5.
Compliance Requirements
- Trading members must use designated security codes for system trading
- Trading must be conducted in specified lot sizes
- Shares currently credited under temporary ISIN (IN8236Y01011) as per SEBI circulars CIR/MRD/DP/21/2012 and CIR/MRD/DP/24/2012
Important Dates
- Circular date: August 04, 2025
- Effective date for trading: August 05, 2025
Impact Assessment
Minimal market impact expected as this is a routine conversion of partly paid-up shares to fully paid-up shares. The conversion increases the company’s paid-up capital and provides full ownership rights to shareholders. No dilution effect as existing shareholders are converting their partly paid shares.
Impact Justification
Routine conversion of partly paid-up shares to fully paid-up shares with no market disruption expected