Approval for Direct Listing of equity shares of Arfin India Limited on National Stock Exchange of India Limited (NSE).
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Arfin India, currently listed on BSE (Scrip Code 539151), has received board approval on May 30, 2025 to list its equity shares on the National Stock Exchange (NSE) as well. Importantly, this is a direct listing — the company will not raise any fresh capital through a public offer or issue new shares. The company will now file an application with NSE for this additional listing, subject to NSE and other necessary approvals. No new shares will be issued, so existing shareholding and equity dilution remain unchanged.
For shareholders, this move expands trading visibility and liquidity by making the stock available on India's largest stock exchange. It does not bring any fresh capital to the company or change the shareholding pattern. The listing on NSE is subject to approval and could take several months to materialise.