RHETANBSERhetan TMT LtdHighPositive
Announced Wed, 24 Sept · 19:34 IST

Intimation about listing of Equity Shares of the Company on National Stock Exchange of India Limited (NSE) Main Board

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RHETAN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Rhetan TMT Ltd, already listed on BSE (code 543590), has received approval from NSE to list its equity shares on the NSE Main Board under the symbol 'RHETAN'. Trading on NSE will commence from September 26, 2025. The listing covers the entire issued equity share capital of 79,68,75,000 shares with a face value of Re. 1 each. No lock-in period applies to these shares. The company, formerly known as Rhetan Rolling Mills Private Limited, manufactures TMT steel bars and is based in Gujarat.

Likely market impact

This cross-listing widens investor reach and may improve trading liquidity for existing shareholders, though short-term price volatility is possible as NSE-based investors begin trading the stock. It is a positive corporate milestone but not a fresh fundraising event.