Description

NSE notifies listing of 12,304,497 equity shares of Durlax Top Surface Limited on the SME Emerge platform under the Capital Market segment, effective March 11, 2026, following a Rights Issue allotment.

Summary

NSE has admitted equity shares of Durlax Top Surface Limited to dealings on its Capital Market segment under the SME Emerge platform effective March 11, 2026. The shares were allotted under a Rights Issue on March 6, 2026, and are identified by the symbol DURLAX.

Key Points

  • Symbol: DURLAX, Series: SM
  • ISIN: INE0OUW01013
  • 12,304,497 equity shares allotted under Rights Issue at an issue price of Rs. 40/- each
  • Face value and paid-up value: Rs. 10/- per share
  • Distinctive number range: 16,627,702 to 28,932,198
  • Market lot size: 2,000 shares
  • Shares rank pari passu with existing equity shares
  • No lock-in applicable

Regulatory Changes

No new regulatory changes introduced. The listing is carried out in pursuance of:

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

Compliance Requirements

  • Trading members must use the designated symbol DURLAX and Series SM for all trades
  • Trading must be conducted in the specified market lot of 2,000 shares
  • Shares are currently credited under temporary ISIN (IN8*********) in dematerialized mode, in accordance with SEBI circulars CIR/MRD/DP/21/2012 (August 2, 2012) and CIR/MRD/DP/24/2012 (September 11, 2012) pending ISIN activation

Important Dates

  • Date of Allotment: March 6, 2026
  • Effective date of listing and trading: March 11, 2026

Impact Assessment

This is a routine SME Emerge listing arising from a rights issue. The impact is confined to existing shareholders of Durlax Top Surface Limited who received allotment and prospective investors on the SME platform. The large lot size of 2,000 shares limits retail participation. No broader market impact is expected.

Impact Justification

Routine SME listing notification for a rights issue allotment; limited market-wide impact, relevant primarily to existing shareholders and prospective investors in Durlax Top Surface Limited.