NSE · Corporate Action · Low
NSE lists 202 cr new equity shares of Ganga Forging from rights issue
Ganga Forging's final rights issue shares, 202,203,345 in number, will start trading on NSE from July 23, 2026 under the same symbol GANGAFORGE.
What changed
- NSE admitted 202,203,345 equity shares of Ganga Forging issued under final rights issue.
- New shares to trade from July 23, 2026 with existing symbol GANGAFORGE, market lot 1.
- Pari passu with existing shares; no lock-in.
The read
This is a routine listing. Ganga Forging has raised capital through a final rights issue, and the 202,203,345 new shares, issued at ₹1.63 each, will be fully tradable from July 23. The float increases substantially, but there is nothing punitive or unusual here — just standard post-issue mechanics. Traders should note the increased share count and no lock-in restrictions.
Ganga Forging Limited202,203,345₹1.63
Primary source: official circular (PDF)