Trading approval received for 1,67,60,459 shares converted to fully paid-up
Spandana Sphoorty has received trading approvals from BSE and NSE for 1,67,60,459 equity shares converted from partly paid-up to fully paid-up shares.
- Shares Converted to Fully Paid-up
- 1,67,60,459 equity shares
- Trading Commencement Date
- Monday, October 12, 2026
- ISIN
- INE572J01011
What happened
The company has received trading approvals from BSE Limited and the National Stock Exchange of India Limited for the commencement of trading of 1,67,60,459 equity shares that have been converted from partly paid-up equity shares to fully paid-up equity shares.
Where these shares come from
- The shares pertain to the Rights Issue First and Final Call Money.
- The company had provided shareholders the payment opportunity for this call money through a notice dated August 21, 2026.
- A partly paid-up share becomes fully paid-up once the shareholder pays the balance amount due on it.
Key points for holders
- These shares rank pari-passu with the existing equity shares of the company. In simple terms, they carry the same rights as the equity shares already listed.
- Trading in these shares shall commence on NSE and BSE with effect from Monday, October 12, 2026.
- They will trade under ISIN INE572J01011.
A point to note
- Corporate actions for 1,44,796 partly paid-up equity shares could not be completed at the depositories' end because of technical errors in the demat accounts of the concerned shareholders.
- The company has said it will take appropriate steps to convert such shares to fully paid-up equity shares in due course, upon request from such shareholders.
How to read this
Trading approval means the converted shares can now be bought and sold on the exchanges from the stated date. The conversion follows the payment of the first and final call money on the rights issue. The 1,44,796 shares mentioned separately are distinct from the 1,67,60,459 shares that have received approval for trading.
Also from Spandana Sphoorty Financial
India Ratings affirms IND BBB+ on Spandana's INR 5,000 million NCDs and INR 10,000 million bank loans; outlook revised to Stable
7 Oct 2026
1,69,05,255 Partly Paid Rights Shares Converted Into Fully Paid-Up Equity Shares
29 Sep 2026
More numbers
- Equity shares converted to fully paid-up (trading approved)1,67,60,459
- Partly paid-up equity shares whose corporate actions could not be completed1,44,796
Nothing here is a view, opinion or recommendation of ScoutQuest, its parent, directors or employees. ScoutQuest is a technology company: this page was assembled automatically from public sources using artificial intelligence, and may contain errors or omissions. Confirm everything against the original source before you act on it. Any use of this page is at your own risk, and neither ScoutQuest nor its parent, directors or employees accepts liability for it.