StockWatch
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Corporate Action19 Oct 2026, 07:30 pm

ACS Technologies gets BSE Listing Approval for 49.5 Lakh Equity Shares

AI Summary

ACS Technologies Ltd has received listing approval from BSE Limited for 49,50,495 equity shares of face value Rs. 10 each. These shares were issued at a premium of Rs. 30.40 per share on a preferential basis to non-promoters, following the conversion of loans. The approval is a crucial step for these shares to be traded on the exchange, subject to further compliance with SEBI regulations, including potential XBRL filings for shareholding pattern changes and confirmation from depositories.

Key Highlights

  • BSE grants listing approval for 49,50,495 equity shares.
  • Shares issued on preferential basis to non-promoters.
  • Approval follows conversion of loans into equity.
  • Further compliance required for trading approval.
  • Potential XBRL filings for shareholding changes.