Description

BSE announces trading in Rights Entitlements (REs) for INOX WIND LIMITED from August 6-14, 2025, with rights issue opening August 6-20, 2025.

Summary

BSE has announced the commencement of trading in Rights Entitlements (REs) for INOX WIND LIMITED. The REs will be available for renunciation trading from August 6-14, 2025, while the underlying rights issue will be open from August 6-20, 2025.

Key Points

  • Rights Entitlements trading commences Wednesday, August 6, 2025
  • Trading period: August 6, 2025 to August 14, 2025
  • Rights Issue period: August 6, 2025 to August 20, 2025
  • Scrip Code: 751022, Scrip ID: INOXWI-RE
  • ISIN: INE066P20011
  • Market Lot: 1, Group: R
  • Settlement: T+1 Rolling Settlement basis
  • Trade-for-trade settlement basis
  • Tradable in dematerialized form only

Regulatory Changes

No new regulatory changes introduced. Standard rights entitlements trading framework applies.

Compliance Requirements

  • Trading members must inform all clients about RE trading commencement
  • Must mention ISIN of RE and clarify these are not ordinary shares
  • Contract notes must include prominent disclaimer about RE purchase rights
  • Must inform clients that REs give right to participate in rights issue or renounce
  • Must warn that unsubscribed/unrenounced REs will lapse after issue closing date

Important Dates

  • August 6, 2025: Rights Entitlements trading begins, Rights Issue opens
  • August 14, 2025: Rights Entitlements trading ends
  • August 20, 2025: Rights Issue closes
  • After August 20, 2025: Unexercised REs will lapse and be extinguished

Impact Assessment

Moderate impact on INOX WIND shareholders who can trade their rights entitlements for liquidity or renounce them. Provides flexibility to existing shareholders who may not wish to participate in the rights issue directly. Limited market-wide impact as it affects only one company’s shareholders during the specified trading period.

Impact Justification

Rights entitlements trading affects existing shareholders and provides trading opportunity, but limited to specific company and time period