Business Update29 Sept 2026, 07:30 pm
Yarn Syndicate Ltd Receives Trading Approval for Equity Share Conversion
AI Summary
Yarn Syndicate Limited has received trading approval from BSE Limited for its partly paid-up equity shares that have been converted into fully paid-up equity shares. This approval, effective from September 30, 2026, allows trading members of the exchange to trade in these converted securities. The company had applied for this approval on September 18, 2026. This development is a procedural step following the conversion of shares and enables the free trading of these fully paid-up shares on the stock exchange.
Key Highlights
- Trading approval received from BSE for converted equity shares.
- Partly paid-up shares are now fully paid-up and tradable.
- Effective trading date is September 30, 2026.
- Company applied for approval on September 18, 2026.
Price Impact
More from YARNSYN