FilingReader Intelligence

Simplex Infrastructures gets trading approval for preferential equity issue

September 16, 2025 at 11:29 AM UTCBy FilingReader AI

Simplex Infrastructures Limited announced on September 16, 2025, that it has secured trading approval from both the National Stock Exchange of India (NSE) and BSE Limited for a preferential issue of 1,173,000 equity shares. These shares, valued at INR 2/- each with a premium of INR 292/-, will be issued to non-promoters.

The company received this approval on September 15, 2025, with the new securities officially listed and admitted for trading on the exchanges starting Tuesday, September 16, 2025. The shares will be subject to a lock-in period until March 15, 2026.

This preferential issue aligns with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The approval facilitates Simplex Infrastructures Limited in strengthening its capital structure and market presence.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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