Description
BSE permits trading in Rights Entitlements (REs) for renunciation of Zodiac Ventures Limited from July 31 to August 8, 2025.
Summary
BSE has announced the commencement of trading in Rights Entitlements (REs) for renunciation of Zodiac Ventures Limited. Trading will be permitted from July 31, 2025 to August 8, 2025, with the rights issue opening from July 31 to August 14, 2025.
Key Points
- Rights Entitlements trading permitted for Zodiac Ventures Limited
- Scrip Code: 751017, Scrip ID: ZODIAC-RE
- ISIN: INE945J20019
- Market Lot: 1, Group: R
- Settlement on T+1 Rolling Settlement basis
- Trade-for-trade settlement
- Tradable in dematerialized form only
Regulatory Changes
No new regulatory changes introduced. Standard rights entitlements trading framework applied.
Compliance Requirements
- Trading members must inform clients about REs trading commencement
- Contract notes must include prominent disclaimer about REs purchase rights
- Members must clarify that REs are not ordinary shares
- Clients must be informed that unused REs will lapse after issue closing date
Important Dates
- Rights Entitlements Trading Period: July 31, 2025 to August 8, 2025
- Rights Issue Period: July 31, 2025 to August 14, 2025
- Settlement: T+1 Rolling Settlement basis
Impact Assessment
Medium impact for Zodiac Ventures shareholders who wish to trade their rights entitlements. Provides liquidity option for those not participating in the rights issue. Standard procedural impact on trading members for client communication and compliance.
Impact Justification
Standard rights entitlements trading announcement affecting specific company shareholders