Announced Fri, 24 Jul · 16:58 IST

BSE approves listing of 1,18,064 partly paid-up rights shares now fully paid-up

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AI summary

La Tim Metal & Industries has received BSE listing approval for 1,18,064 equity shares of Re. 1 each. These shares were earlier allotted on a rights basis as partly paid-up at Rs. 0.50 and are now being converted to fully paid-up status. Trading on the exchange will be permitted once the company submits NSE approval (if any) and confirmation from NSDL/CDSL about crediting the shares to beneficiary accounts. This is a routine completion step for the rights issue process.

Likely market impact

Newly fully paid-up rights shares will become tradable on BSE after depository credit, marginally increasing the company's listed share count.