Company has received trading approval from National Stock Exchange of India Limited and BSE Limited.
Awaiting price reaction for this filing.
DS Kulkarni Developers Limited has received listing and trading approval from both NSE and BSE for 5,00,000 equity shares. Trading in these shares will resume from December 2, 2025, specifically to help the company achieve the minimum public shareholding (MPS) of 5% through an Offer for Sale (OFS) by promoters. This follows the company's emergence from the insolvency process — the NCLT had approved its resolution plan on June 23, 2023, under which 95 lakh shares were allotted to the successful resolution applicant and 5 lakh shares to the DSK Shareholders Trust. Regular trading in the stock will begin once the OFS process and other MPS formalities are completed.
This marks the technical resumption of trading in DS Kulkarni Developers after its IBC resolution, but shares were effectively halted for a long period and regular trading only starts after the promoter OFS is completed. Retail investors should expect potential supply pressure from the OFS and note that the stock had been suspended during the insolvency process.