Regulatory31 Jul 2026, 12:11 pm
Infra Industries Receives BSE Listing Approval for 43.8 Lakh Shares
AI Summary
Infra Industries Ltd has received a listing approval letter from BSE Limited for 43,83,316 equity shares of ₹10 each. These shares were allotted pursuant to a Resolution Plan approved by the NCLT and NCLAT. The approval covers 2,33,316 shares allotted due to capital reduction and 41,50,000 shares allotted to the Successful Resolution Applicant on a preferential basis. The shares will be admitted to dealings on BSE upon completion of requisite formalities. The company is required to submit several documents to BSE for trading permission.
Key Highlights
- BSE grants listing approval for 43,83,316 equity shares.
- Shares allotted via NCLT/NCLAT approved Resolution Plan.
- Approval includes capital reduction and preferential allotment.
- Listing contingent on completion of required formalities.
- Company must submit documents for trading permission.
Price Impact
More from INFRAIND
More in Regulatory