Description
BSE permits trading in Rights Entitlements (REs) for Mahindra Logistics Limited from July 31 to August 11, 2025.
Summary
BSE has announced the commencement of trading in Rights Entitlements (REs) for renunciation of Mahindra Logistics Limited. Trading will be permitted from Thursday, July 31, 2025 to Monday, August 11, 2025, with the Rights Issue opening from July 31 to August 14, 2025.
Key Points
- Rights Entitlements trading permitted for Mahindra Logistics Limited
- Scrip Code: 751018, Scrip ID: MAHLOG-RE, ISIN: INE766P20016
- Market Lot: 1, Group: R
- Trading in dematerialized form only
- T+1 Rolling Settlement on trade-for-trade basis
- Trading members must inform clients about RE trading and include disclaimers
Regulatory Changes
No new regulatory changes introduced. Standard rights entitlements trading framework applies.
Compliance Requirements
- Trading members must inform all clients about commencement of RE trading
- Must mention ISIN of RE and clarify these are not ordinary shares
- Must include prominent disclaimer in contract notes/bills for RE purchases
- Must inform clients that REs give right to participate in rights issue or renounce before closure
- Must advise that unsubscribed/unrenounced REs will lapse after issue closing date
Important Dates
- RE Trading Period: July 31, 2025 to August 11, 2025
- Rights Issue Period: July 31, 2025 to August 14, 2025
- Settlement: T+1 Rolling Settlement basis
Impact Assessment
Medium impact for Mahindra Logistics shareholders who can trade their rights entitlements during the specified period. Provides liquidity option for rights holders who may not wish to subscribe to the issue. Trading members need to ensure proper client communication and compliance with disclaimer requirements.
Impact Justification
Standard rights issue trading announcement affecting specific company shareholders and traders