Description
BSE announces trading period for JTEKT INDIA LIMITED rights entitlements from August 4-7, 2025, with rights issue opening August 4-12, 2025.
Summary
BSE has announced the commencement of trading in Rights Entitlements (REs) for JTEKT INDIA LIMITED. Trading members can facilitate renunciation of rights entitlements from August 4-7, 2025, while the underlying rights issue will remain open from August 4-12, 2025.
Key Points
- Rights Entitlements trading permitted from Monday, August 4, 2025 to Thursday, August 7, 2025
- Rights Issue open period: August 4, 2025 to August 12, 2025
- Scrip Code: 751020, Scrip ID: JTEKT-RE, ISIN: INE643A20019
- Market lot size: 1, Group: R
- Settlement on T+1 Rolling Settlement basis
- Trading on trade-for-trade basis
- Rights Entitlements tradable in dematerialized form only
Regulatory Changes
No new regulatory changes introduced. This follows existing framework for rights entitlements trading as per previous notices dated March 5, 2020 and May 18, 2020.
Compliance Requirements
- Trading members must inform all clients about REs trading commencement
- Contract notes must include prominent disclaimer about REs purchase rights
- Must clarify that REs are not ordinary shares of the company
- Clients must be informed that REs give right to participate in rights issue or renounce before closure
- Warning that unsubscribed and unrenounced REs will lapse after issue closing date
Important Dates
- August 4, 2025: Rights Issue opens, REs trading begins
- August 7, 2025: REs trading for renunciation ends
- August 12, 2025: Rights Issue closes
Impact Assessment
Medium impact for JTEKT shareholders who can now trade their rights entitlements during the specified period. Trading members need to ensure proper client communication and disclaimer processes are in place. Standard operational impact for exchange participants familiar with rights entitlements procedures.
Impact Justification
Standard rights entitlements trading notification affecting JTEKT shareholders and trading members