The Company has filed direct listing application on National Stock Exchange of India Limited (NSE) without any further issue.
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Vashu Bhagnani Industries Ltd (formerly Pooja Entertainment and Films Ltd) has submitted an application to NSE for direct listing of its equity shares. The board had approved the NSE listing on April 10, 2026. The company is currently listed on BSE with scrip code 532011. This is a direct listing, meaning existing shares are sought to be listed on NSE without raising fresh capital through an IPO. The company awaits NSE's assessment and further actions.
A direct listing on NSE increases liquidity and visibility for the stock by expanding its investor base, potentially benefiting existing shareholders. Unlike an IPO, it does not bring fresh capital but allows trading on an additional exchange.