NSE · Corporate Action · Low
NSE lists 168,424,217 rights shares of Sumeet Industries
Sumeet Industries' rights issue shares of face value Rs 2 at issue price Rs 11.86 start trading July 24, 2026.
What changed
- NSE admitted 168,424,217 equity shares of Sumeet Industries under a rights issue for trading.
- Shares have face value Rs 2, paid-up value Rs 2, issue price Rs 11.86 per share.
- Market lot is 1; no lock-in period applies.
The read
NSE has admitted 168,424,217 equity shares of Sumeet Industries from a rights issue at ₹11.86 per share (face value ₹2). Trading begins July 24. The shares have no lock-in and a market lot of 1, meaning they join the float immediately. For existing holders, this dilutes holdings unless they subscribed. Liquidity may improve as the newly listed shares hit the market, but the temporary ISIN status could cause minor settlement hiccups. Routine.
Sumeet Industries LimitedSUMEETINDS168,424,217 shares
Primary source: official circular (PDF)