Description

NSE notifies the listing of 29.69 crore equity shares of SEPC Limited resulting from conversion of partly paid-up shares to fully paid-up shares, effective December 01, 2025.

Summary

NSE has approved the listing of further issue of equity shares of SEPC Limited on the Capital Market segment. This listing involves 29,68,91,259 equity shares resulting from the conversion of partly paid-up equity shares to fully paid-up equity shares. The securities will be admitted to trading with effect from December 01, 2025, under the symbol ‘SEPC’ with ISIN INE964H01014.

Key Points

  • Total securities being listed: 29,68,91,259 equity shares
  • Security type: Conversion of partly paid-up equity shares to fully paid-up equity shares
  • Face value: Rs. 10 per share
  • Paid-up value: Rs. 10 per share
  • Trading symbol: SEPC
  • Series: EQ
  • ISIN: INE964H01014
  • Market lot size: 1 share
  • Pari Passu: Yes (rank equally with existing shares)
  • Lock-in: Not Applicable
  • Distinctive number range: 1590158104 to 1890219515

Regulatory Changes

No regulatory changes announced. This circular notifies a routine listing event in accordance with existing regulations:

  • Regulation 3.1.1 of NSE (Capital Market) Trading Regulations Part A - admission of securities to dealings
  • Regulation 2.5.5 of NSE (Capital Market) Trading Regulations Part A - specification of lot sizes

Compliance Requirements

  • Trading members must use the designated security code (SEPC) and ISIN (INE964H01014) for all transactions
  • Securities must be traded in the specified market lot size of 1 share
  • Currently, shares allotted in dematerialized mode have been credited under temporary ISIN IN8964H01013 in accordance with SEBI circulars CIR/MRD/DP/21/2012 (August 02, 2012) and CIR/MRD/DP/24/2012 (September 11, 2012) regarding activation of ISIN for additional issue of securities

Important Dates

  • Circular Date: November 28, 2025
  • Effective Date: December 01, 2025 - Securities admitted to trading on NSE Capital Market segment

Impact Assessment

Market Impact: Medium. The conversion adds approximately 29.69 crore fully paid-up equity shares to SEPC Limited’s traded capital. This represents a significant increase in the company’s paid-up equity capital base and may impact liquidity and trading volumes.

Shareholder Impact: Existing shareholders who held partly paid-up shares will now have fully paid-up shares with no lock-in restrictions, providing immediate trading flexibility.

Trading Impact: The shares will rank pari passu with existing equity shares, meaning they carry equal rights. The market lot size of 1 share ensures retail investor accessibility. The distinctive number allocation spans two ranges (115.12 million shares from range 1 and 181.77 million shares from range 2).

Impact Justification

Routine corporate action involving conversion of partly paid-up shares to fully paid-up shares for SEPC Limited. Medium impact due to significant number of shares (29.69 crore) being converted, which increases the fully paid-up capital base of the company.