BSEViram Suvarn LtdMediumNeutral
Announced Fri, 6 Mar · 12:08 IST

This is to inform that the company has received Trading approval from BSE limited on 05 March, 2026 for 3,78,20,426 fully paid up equity shares of Rs.2 each allotted pursuant to right Basis.

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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

Viram Suvarn Ltd has received trading approval from BSE for 3,78,20,426 fully paid-up equity shares of Rs. 2 each, allotted on a rights basis. These shares were issued at a premium of Rs. 6 per share, meaning the rights issue price was Rs. 8 per share. The new shares carry distinctive numbers from 7,56,40,853 to 11,34,61,278 and became eligible for trading on the BSE exchange from March 6, 2026. This is a routine post-allotment step that allows the rights-issue shares to start trading alongside existing shares.

Likely market impact

Existing shareholders who did not subscribe to the rights issue may see a short-term dilution effect once the new shares begin trading. The actual price impact will depend on how the rights issue was priced relative to the prevailing market price and overall investor demand.