
Regulatory1 Oct 2026, 09:00 pm
Spectrum Electrical Industries Receives Listing Approval for Equity Shares
AI Summary
Spectrum Electrical Industries Limited has secured listing approval from both the National Stock Exchange of India Limited (NSE) and BSE Limited for 13,73,625 fully paid-up equity shares. These shares, with a face value of ₹10 each, were allotted on a preferential basis at a price of ₹2,002 per share, including a premium of ₹1,992. The approval signifies a key step in the company's capital raising and market integration efforts. Trading will commence upon confirmation of share credit by depositories NSDL/CDSL.
Key Highlights
- Listing approval received from NSE and BSE.
- 13,73,625 equity shares allotted on preferential basis.
- Shares issued at ₹2,002 each, including ₹1,992 premium.
- Approval is subject to depository confirmation of share credit.
- Company must apply for trading approval within seven working days.
Price Impact
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