Description
BSE permits trading in rights entitlements for renunciation of ZODIAC VENTURES LIMITED from July 31, 2025 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 underlying 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 size: 1, Group: R
- Settlement on T+1 Rolling Settlement basis
- Trade-for-trade settlement basis
- Trading only in dematerialized form
- Rights Issue period: July 31, 2025 to August 14, 2025
Regulatory Changes
No new regulatory changes introduced. Standard rights entitlements trading framework applies.
Compliance Requirements
- Trading members must inform clients about REs trading commencement
- Include ISIN number in client communications
- Add disclaimer in contract notes/bills for RE purchases
- Clarify that REs are not ordinary shares
- Inform clients that REs provide right to participate in rights issue or renounce before closure
- Refer to previous notices 20200305-21 and 20200518-34 for additional details
Important Dates
- RE Trading Period: July 31, 2025 to August 8, 2025
- Rights Issue Period: July 31, 2025 to August 14, 2025
- Settlement: T+1 basis
Impact Assessment
Medium impact for ZODIAC VENTURES shareholders and active traders in rights markets. Standard procedural announcement that enables existing shareholders to trade their rights entitlements during the specified period. Unexercised and unrenounced rights will lapse after the issue closing date.
Impact Justification
Standard rights entitlements trading notification affecting specific company shareholders and traders