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Corporate Action28 Oct 2026, 07:11 pm

Avenique Ltd: BSE Approves Trading for 5 Lakh Equity Shares

AI Summary

Avenique Ltd has received trading approval from BSE Limited for 5,00,000 equity shares of Rs. 2/- each. These shares have been allotted to Successful Resolution Applicants (SRA) and their group of promoters on a preferential basis, as well as to existing public shareholders through a proportionate reduction of share capital, in line with the approved Resolution Plan by the NCLT, Mumbai Bench. Trading of these shares on BSE is set to commence from Thursday, November 05, 2026. This approval signifies a crucial step in the company's corporate restructuring and re-listing process post-NCLT approval.

Key Highlights

  • BSE grants trading approval for 5,00,000 equity shares.
  • Shares allotted to SRA, promoters, and existing public shareholders.
  • Trading to commence on BSE from November 05, 2026.
  • Approval follows NCLT's Resolution Plan order.