RKEC Projects Limited has informed the Exchange regarding 'In principle approval for listing of Equity Shares alloted'.
RKEC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
RKEC Projects Limited has received in-principle approval from NSE (vide letter dated Aug 01, 2025) for the listing of 18,30,000 equity shares of Rs. 10 each, which were allotted to the promoter on a preferential basis. These shares carry distinctive numbers from 23990601 to 25820600, implying a total face value of Rs. 1.83 crore. The shares will be listed and available for trading on the NSE once the depositories (NSDL/CDSL) confirm the credit of shares into the allottees' demat accounts. This is a procedural step following a preferential allotment that was made earlier, and the company is now completing the listing formalities.
Existing minority shareholders will see a dilution of their stake since the new shares have been issued to the promoter. Once the shares are credited and listed, the promoter's holding will be reflected publicly, though no fresh capital raise or price action is expected from this in-principle approval alone.