BSE moves Megraj Holdings NCDs to Green Gold Animation after amalgamation
Scrip 974917 changes issuer from Megraj Holdings to Green Gold Animation on June 10, 2026, following an approved scheme of arrangement.
What changed
- NCDs (ISIN INE0NZ807013) transfer from Megraj Holdings to Green Gold Animation on June 10, 2026.
- Scrip ID changes from 7MHPL26 to 7GAPL26; long name updates to reflect new issuer.
- ISIN and scrip code 974917 remain unchanged.
The read
This is administrative plumbing, not a credit event. BSE is updating its systems to reflect an approved amalgamation: the 7%-15-6-26 NCDs listed as Megraj Holdings will now be issued by Green Gold Animation. The security itself does not change — same ISIN (INE0NZ807013), same scrip code (974917), same coupon. What changes is the name on the liability. Trading members must update their reference data by June 10, 2026 to avoid reporting mismatches. For holders, the underlying credit shifts from one private entity to another. Whether that is an improvement depends entirely on Green Gold Animation's balance sheet, which this notice does not address.
Primary source: official circular (PDF)