Description
NSE notifies the listing and trading of 83,10,536 bonus equity shares of Bharat Rasayan Limited with effect from December 16, 2025.
Summary
National Stock Exchange of India has approved the listing and trading of bonus equity shares issued by Bharat Rasayan Limited. A total of 83,10,536 bonus equity shares will be admitted to dealings on the Capital Market segment with effect from December 16, 2025. The shares will trade under the symbol BHARATRAS with ISIN INE838B01013.
Key Points
- Total bonus shares to be listed: 83,10,536 equity shares
- Trading symbol: BHARATRAS
- ISIN: INE838B01013
- Distinctive number range: 8310537 to 16621072
- Listing approved under NSE Capital Market Trading Regulations Part A, Regulation 3.1.1
- Circular reference: NSE/CML/71747 (2406/2025)
Regulatory Changes
No regulatory changes. This is a standard notification for admission of bonus shares to trading on NSE’s Capital Market segment in accordance with existing regulations.
Compliance Requirements
- Members must use the designated security codes (BHARATRAS symbol and ISIN INE838B01013) for trading these securities on the NSE system
- All trading participants should update their systems to reflect the increased share count
Important Dates
- Circular Date: December 10, 2025
- Record Date: December 12, 2025
- Deemed Date of Allotment: December 15, 2025
- Trading Commencement Date: December 16, 2025
- Circular Effective Date: December 16, 2025
Impact Assessment
Market Impact: The bonus issue will increase the total number of outstanding shares of Bharat Rasayan Limited, improving liquidity and making shares more affordable for retail investors. No dilution of existing shareholders’ ownership occurs as bonus shares are distributed proportionately.
Operational Impact: Trading members need to ensure their systems are updated to reflect the new share count and distinctive number range. The bonus issue typically indicates company confidence and may be viewed positively by the market, though it does not change the company’s fundamental value or market capitalization.
Impact Justification
Routine bonus issue listing for existing shareholders; increases share count but no immediate operational impact on company fundamentals