BSEAshapura Intimates Fashion LtdHighNeutral
Announced Wed, 28 Oct, 2026 · 17:49 IST
500,000 shares issued at 1 new share for every 43 held
Price reaction
Awaiting price reaction for this filing.
AI summary
The board approved cancellation of 21,490,714 public shares and the entire 3,720,692-share promoter holding. It issued 500,000 fully paid shares of Rs 10 to eligible public shareholders on the 26 October 2026 record date, at 1 new share for every 43 existing shares. Public shareholders then held 100% of the company's 500,000 shares.
Likely market impact
Public shareholders retain 100% ownership after a sharp share-count reset; promoter stakes are cancelled. The smaller share count may reduce liquidity and increase volatility.