Description

NSE announces suspension of partly paid-up equity shares of Silgo Retail Limited (symbol: SILGOPP) from trading effective April 06, 2026, due to first & final call on partly paid shares.

Summary

NSE has issued a circular notifying the suspension of partly paid-up equity shares of Silgo Retail Limited (Symbol: SILGOPP, ISIN: IN901II01012) from trading on the Capital Market segment. The suspension takes effect from April 06, 2026, with trading closing at the end of trading hours on April 02, 2026. The reason cited is the first & final call on partly paid-up equity shares.

Key Points

  • Silgo Retail Limited’s partly paid-up equity shares (SILGOPP) will be suspended from trading effective April 06, 2026
  • Trading will close at the end of trading hours on April 02, 2026
  • ISIN of the suspended security: IN901II01012
  • Suspension is triggered by the first & final call on partly paid shares
  • Issued under Regulation 3.1.2 of NSE Capital Market Trading Regulations Part A

Regulatory Changes

The suspension is invoked under Regulation 3.1.2 of the National Stock Exchange (Capital Market) Trading Regulations Part A, which empowers NSE to suspend securities under specified conditions such as a call on partly paid shares.

Compliance Requirements

  • All NSE members are notified and must cease trading in SILGOPP (partly paid-up equity shares of Silgo Retail Limited) from the close of trading on April 02, 2026
  • Members should inform their clients holding SILGOPP of the impending suspension and the last date to trade

Important Dates

  • Circular Date: April 01, 2026
  • Last Trading Day: April 02, 2026 (closing hours)
  • Suspension Effective Date: April 06, 2026

Impact Assessment

Holders of SILGOPP (partly paid-up equity shares of Silgo Retail Limited) will be unable to trade these shares on NSE from April 06, 2026. This is a high-impact event for investors holding these partly paid shares, as liquidity will be withdrawn. The suspension is a routine regulatory action associated with the first & final call process, after which shares typically convert to fully paid-up equity shares. Investors should monitor further announcements from Silgo Retail Limited regarding the call money payment and subsequent relisting of fully paid shares.

Impact Justification

Direct trading suspension of a listed security affects all holders of SILGOPP partly paid-up shares; suspension is imminent (effective April 06, 2026) with trading closing from April 02, 2026.