GVP Infotech Limited has informed the Exchange about General Updates
GVPTECH · price
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GVP Infotech Limited has received trading approval from the National Stock Exchange (NSE) for its Rights Issue of partly paid-up equity shares. A total of 2,11,72,007 equity shares with a face value of Rs. 2 each (Re. 1 partly paid up), allotted under the Rights Issue, will be listed and admitted to trading on NSE from August 06, 2025. The new shares will trade under the symbol 'GVPTECHPP' in Series 'E1' with distinctive numbers from 162861591 to 184033597. This follows the company's original application for the Rights Issue dated 26th March, 2025.
Existing shareholders who were allotted these rights shares can now trade them on NSE from August 06, 2025. The listing will increase the number of outstanding shares and may have a dilutive effect on existing shareholders. Investors should note these are partly paid-up shares, meaning the remaining Rs. 1 per share may be called upon by the company later.