Intimation of Trading approval received for the issue of 356950000 fully paid-up equity shares on rights basis.
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Pulsar International Ltd has received trading approval from BSE for its rights issue of 35,69,50,000 (35.695 crore) fully paid-up equity shares issued at par (Re. 1 per share). The new shares will be admitted to trading on the exchange effective from Tuesday, January 27, 2026. The rights issue was originally applied for on October 16, 2025, and the shares carry distinctive numbers from 71390001 to 428340000. This means eligible shareholders can now trade the rights entitlement or the newly allotted shares on the exchange.
Existing shareholders will see dilution in their holding as 35.695 crore new shares enter the market. Since the shares were issued at par, the price is extremely low, which may significantly increase the share count and dilute earnings per share. Shareholders should review their subscription status and the potential impact on shareholding percentage.