Merger12 Aug 2026, 04:11 pm
Citizen Solar Gets BSE Trading Approval for New Equity Shares
AI Summary
Citizen Solar Ltd (formerly Citizen Infoline Limited) has received trading approval from the BSE for 86,46,000 equity shares of Rs. 10/- each. These shares were issued pursuant to the Scheme of Amalgamation of Citizen Solar Private Limited with Citizen Solar Limited. The BSE has permitted trading of these shares effective from August 12, 2026. The new equity shares rank pari-passu with the existing equity shares of the company.
Key Highlights
- BSE grants trading approval for new equity shares.
- Approval follows Scheme of Amalgamation with Citizen Solar Private Limited.
- 86,46,000 equity shares of Rs. 10 each are now tradable.
- Trading commences on August 12, 2026.
- New shares rank pari-passu with existing equity.
Price Impact
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