Announced Sat, 23 May · 15:17 IST
intimation regarding receipt of trading approval.
Capital Market Events View source PDF
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+4.0%1-day move
₹34.50
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————+4.0+3.0+1.4-0.6-2.5—+19.0+13.1+10.9—
Up moveDown movePending
AI summary
Jolly Plastic Industries Ltd has received listing approval from BSE Limited for 17,700,000 equity shares of Rs. 10 each issued at par (Rs. 0 premium). The shares were issued to non-promoters on a preferential basis pursuant to a preferential allotment. The shares bear distinctive numbers from 6676401 to 24376400. This marks the formal admission of these newly issued shares for trading on the BSE platform.
Likely market impact
The listing approval means these newly issued preferential shares can now be traded on BSE. Existing shareholders may experience dilution as 17.7 million new shares have been introduced to the public float.