United Polyfab Gujarat Limited received in-principle approval from BSE Limited for direct listing of 2.29 crore equity shares.
The approval is valid for 45 days from April 30, 2026, requiring completion of formalities including Rs. 20,000 initial and Rs. 2.85 lakh annual listing fees.
The company must submit detailed listing application, shareholding pattern, and undertake not to alter capital structure before trading commencement.
BSE clarified that annual listing fees of Rs. 2,85,000 applies to financial year 2026-27 instead of 2025-26 as initially stated.