ESOP13 Feb 2026, 03:50 pm
RIR Power Electronics Receives In-principle Approval for Listing of 39,78,620 Equity Shares under Employees Stock Ownership Plan - 2025
AI Summary
RIR Power Electronics Ltd. has received an in-principle approval from BSE Limited for the listing of 39,78,620 Equity Shares of Rs.2/- each under ‘RIR Power Electronics Limited Employees Stock Ownership Plan - 2025’. The approval is subject to the company fulfilling certain conditions such as notifying the exchange after the shares are allotted, paying prescribed fees, receiving necessary approvals, complying with guidelines, and adhering to the conditions of the Listing Agreement.
Key Highlights
- RIR Power Electronics Ltd. has received in-principle approval for listing of 39,78,620 Equity Shares under Employees Stock Ownership Plan - 2025.
- The approval is subject to the company fulfilling certain conditions set by the BSE and other statutory authorities.
- The company is required to notify the exchange after the shares are allotted and comply with all guidelines and regulations.
- The approval can be withdrawn by the BSE if any information submitted is found to be incomplete, incorrect, misleading, or false.
Price Impact
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